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Carter then presided over 6.5%, 7.5%, 11.3% and 13.5% inflation in successive years. Economists consider 2% to be a healthy rate of inflation. “In the last 10 years, in our attempts to protect ...
Saving money can be a challenge in an economy with persistent inflation ... one to three months to 10 years. But often, short-term CDs are the best way to get a top rate today.