5 Safe Stocks to Buy as Inflation Rattles Wall Street
Relentless high shelter prices weighed on consumers, with broader price pressures increasing more than anticipated in January. The Labor Department noted that the consumer price index (CPI), which measures the prices of indispensable goods and services that American citizens have to bear, increased 0.3% month over month in January, more than the estimated monthly increase of 0.2%.The yearly consumer inflation rate may have fallen to 3.1% in January from December’s 3.4%, but it still hasn’t declined below th ...