How can you keep your money safe when inflation rises?
Therefore it's never been more crucial to grasp the best ways to protect your funds.
Last month, the consumer price index, which measures a variety of goods and services, increased by 8.5 percent over the previous year.
And, despite increasing by 5.6 percent since March 2021, real incomes have not kept up with rising prices.
In March, the Labor Department reported a seasonally adjusted drop of 0.8 percent in average hourly earnings.