How retirees should respond to this week’s inflation news

How retirees should respond to this week’s inflation news
·5 min read

Retirees and near-retirees were understandably alarmed by this week’s report of a big jump in the Consumer Price Index. It was on Wednesday (May 12) that the Bureau of Labor Statistics reported that the CPI over the last 12 months had risen at a 4.2% pace, a 13-year high. A month ago, the CPI’s 12-month rate of change had been “just” 2.6%.

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