As of this February 2022 writing, the U.S. inflation rate is at 7.5%, a marked acceleration over the past several months and the highest it’s been since the 1981-1982 spike. Consumer prices surged as a roaring economy overwhelmed struggling supply chains and fueled inflation, according to data recently released by the U.S. Labor Department. So, the looming question for all of us is, “What does it all mean and what should we do?” For some answers, we sat down with Anthony Valeri, Director of Investment Management for Zions Bancorporation. possibility of our financial condition has always lingered uncomfortably in Americans’ minds: inflation. Over the past few decades — whether the U.S. economy has been up or down, thriving or declining — one unwelcome Talking sense about inflation What should Americans do during this inflation period?
BY BRUCE FARR
“We all have to remember that [in past trends], the inflation rate is the result of strong demand, which in turn has fueled a strong economy.” Anthony Valeri Director of Investment Management, Zions Bancorporation
calbanktrust.com/ inyourcorner
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