Stocks to buy in high inflation
Inflation is defined as the general increase of prices for goods and services. Governments may try and control inflation by increasing interest rates. Share markets do not like increases in interest rates as it can increase company loan repayments and hurt earnings. It can also discourage businesses from borrowing more money to expand. However, there are some sectors that perform well in high inflationary environments. Banks If inflation becomes high, an increase of interest rates will follow. Banks make most …
