Rate Hikes Fuel Inflation, Use any Rally to Raise Cash

The Consumer Price Index was up 0.1% in February, but is now rising at 2.8% year-over-year. That's the fastest rate of increase in five years. You have to go all the way back to January 2012 to see prices increasing at this rate.

We've had two rate hikes so far and we're about to get a third today. The orthodoxy says that's supposed to quash inflation. Everyone you talk to will tell you that rate hikes quash inflaton. Even Fed members would tell you that. Indeed, they're hiking rates today entirely on the fact that inflation is rising. Don't think they're hiking rates because the growth rate of 1.3% or 1.9% is too hot. That's a joke....550 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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