Summary List Placement
Baby boomers are sounding the alarm on inflation, bracing for the fastest price growth since the 1980s and fearing for their life savings.
Millennials aren’t as bothered, and most experts are on their side.
The Consumer Price Index — a popular measure of broad price growth — rose 0.5% in July, continuing a streak of decade-high inflation. And Americans are feeling that heat. Nearly nine in 10 adults in the US have experienced price hikes this year, and two-thirds said those hikes have hurt their finances, according to a survey conducted by Bankrate.com.
But for such widespread details ⇒
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