Welcome back old friend. It’s been a while – close to two decades in fact –that a familiar feature of the economic landscape has been missing: inflation. To be sure, many, if not most, households would disagree with that assertion, noting that prices on the basket of goods and services they typically purchase have been steadily rising. Technically, they would be correct; the core consumer
price index, which excludes volatile food and energy prices, has never declined for a full year going back to 1955. But price increases since the turn of the century have been particularly mild, averaging 2 percent a year and just 1.8 percent since the end of the recession. May 2018 Economic and Financial Digest

Five Practices for Financial Safety
It is no secret that internet fraud is on the rise, and unfortunately, many seniors have found themselves socially isolated after the pandemic, making them