Proem takes any piece of online content and enriches it with scientific insights from the latest research papers.
We are a small European startup based in Aarhus, Denmark. Our mission is to make science useful and inspiring for everyone.
Learn more at about.proem.ai
Federal Reserve's Interest Rate Hikes Drive Up U.S. Inflation Rate
The Federal Reserve's interest rate hikes have led to an increase in the U.S. inflation rate. This is because higher interest rates can cause inflation to rise. Factors like inflation expectations and COVID-19 also play a role. To protect against risks like asset devaluation and volatile commodity prices, investors should diversify their investments, keep an eye on interest rate changes, and avoid high-risk investments.
