Inflation is the rate at which the general level of prices for goods and services is rising, leading to a decrease in the purchasing power of money. It is one of the most important indicators for economies as it shows the decrease in the purchasing power of a nation’s currency. Inflation is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.
« Back to Glossary Index
About the author
Jenna Lofton, an expert in stock trading, investing, and financial planning, combines over a decade of experience with rigorous academic training. Holding dual MBAs in Finance and Business Administration from the University of Maryland, Jenna's expertise is grounded in a deep understanding of the financial markets. Her career, which started on Wall Street, has evolved into empowering others through her insights and analyses in the dynamic world of finance.
Based in New York City, Jenna's approach is informed by her hands-on experience as a former financial advisor and her keen observation of market trends. She is known for translating complex financial concepts into actionable strategies, making her a valuable resource for both seasoned investors and newcomers to the stock market. Her commitment to financial literacy and her ability to demystify investment principles have made her a respected and authoritative voice in the investment community.