Steps to take to protect yourself against rising inflation – Daily Access News
Finance

Steps to take to protect yourself against rising inflation

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Inflation is raring its ugly head again. It’s time to consider what you need to do to manage your money during times of rising prices for goods and services.

What’s happening: In four months from May to August the inflation rate has been running above 5 percent—the highest level in 13 years—after standing at 1.4 percent in January and 1.7 percent in February. The monthly figures are well above the target set by the Federal Reserve of 2 percent and are considered unhealthy.

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