Top S&P Dividend Stocks To Invest In To Stay Ahead Of Inflation

Inflation rates have cooled to 3.7% from record 9% levels recorded last year, thanks to the Federal Reserve’s aggressive interest rate hikes over the past year. However, the median consumer price index still lies significantly above the Fed’s target 2% rate, implying further rate hikes down the road.

Given the precarious economic scenario, the Fed has temporarily paused rate hikes over the past couple of months, as the Federal Open Market Committee left rates unchanged since July of this…