You Can't Control Inflation, but You Can Control What You Do About It
Over the past two or so years, three things have dominated headlines regarding the U.S. economy: a potential recession, interest rates, and inflation. The third item, in particular, has been at the forefront because it's had the most direct impact on consumers.
June 2022 saw a 9.1% high mark for inflation, the largest jump since 1981. Any time you break four-decade-old records, there will be challenges for the economy. The latest inflation data from May showed much improvement from last year -- just 4.0% compared to 8.6% in May 2022 -- but there's still work to be done.
Inflation may be out of your control, but how you manage your investment strategy is entirely up to you.
Source Fool.com
