Essay Minimum 2 page – 500 word essay
Based on current statistics, inflation is decreasing in the United States. The current inflation rate is at 2.4%. This means purchasing power should increase for everyday consumers.
In a 2 page- 500 – word essay answer the following questions:
What steps did the Federal Reserve take to reduce the inflation rate? Explain the effects of rising inflation on the everyday consumer and investors. If inflation is going down, why are prices not going down for many consumers on items such as food? Finally- How does inflation affect the rate of return investors should expect on their investments?