7 financial planners explain how to invest your money during high inflation

7 financial planners explain how to invest your money during high inflation

With inflation hitting a 40-year high of 7% last month, Federal Reserve Chair Jerome Powell has vowed to deliver price stability to consumers. 

But many experts predict higher prices will stick around throughout 2022, contributing to a year of volatile markets. And that, of course, is making people a bit nervous. 

Only about 40% of Americans say they’re confident in the U.S. economy, down from 69% before the pandemic, according to the 2022 Wealth & Wellness Index report released by Personal Capital.