As the economy rebounds, the question remains, “What about inflation?” According to Joel Naroff, Chief Economist at Naroff Economics, LLC, “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.” This transition is projected to last longer than expected with hiring challenges, supply-chain bottlenecks, and other disruptions caused by the pandemic. In fact, we could see about 2% in the coming months as the CPI (consumer price index) jumped 5% in May.
What do we do if inflation continues to go up and up?
That’s the question for Dennis Prout and Heidi Thompson today. Join us LIVE as we navigate the ever-changing economy – the first step in any recovery!