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A Note on Inflation

A Note on Inflation

| May 30, 2023

As the economy continues to recover from effects of the pandemic, you may have noticed headlines about inflation in the news. But don’t let it scare you! The fact is, some inflation can help drive economic growth indicating the economy is bouncing back.

“Bouncing back” is just what it sounds like; stock and bond prices may show some volatility as markets and the economy adjust to a new equilibrium. That’s why, like always, it’s best to stay focused on your long-term financial goals rather than worry over any short-term noise.

Still, it’s reasonable to be well-informed about inflation. If you want to learn more, we’ve assembled a few trustworthy resources below that help put inflation in economic and historical context.

What is Inflation?

The Great Inflation: 1965-1982

As always, you can be confident that we’ll continue to monitor economic conditions and let you know if we need to change or address anything. Most importantly, don’t let today’s headlines distract you from tomorrow’s goals. If you have questions or concerns, we’re always available to talk.