What is Inflation? | SIE, SERIES7, SERIES65, SERIES66 Exam Prep

Inflation is the rate at which the general level of prices for goods and services rises over time, decreasing the purchasing power of money. 📚 Learn more about Inflation and other key terms for your SIE, SERIES7, SERIES65, SERIES66 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES7, SERIES65, SERIES66 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Inflation definition: https://www.open-exam-prep.com/glossary/inflation 💡 Exam Tip: Inflation erodes purchasing power. Fixed income suffers most. Fed targets 2% inflation. --- #general #examprep #financeexam #sie #series7 #series65 #series66