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Awakening to inflation Thumbnail

Awakening to inflation

Higher prices can chip away at your savings, so position your money to stay a step ahead.

Monetary inflation hasn’t been much of a concern for so long that it may seem like a foreign concept to some people. Before the 1990s, wild swings in inflation were more common, but for the past 25 years annual rates have hovered close to two per cent, with few notable fluctuations. What a difference a year can make.

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* This article opens in a new window directing you to Manulife's Solutions for Financial Planning Magazine.  
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