Inflation Keeps Shifting—Here's the Smartest Way to Keep Your Savings From Shrinking

elenaleonova / Getty Images Inflation’s bite means your savings may be slipping—but one straightforward move can help you stay ahead. Key Takeaways Inflation has eased to 2.7%, but that's still considered high. It will eat away at any savings that's earning less than that rate. You can continue to earn well above today's inflation rate with a top high-yield savings account, where rates range from 4.20% to 5%. To lock in your inflation protection, consider adding a top-paying CD, which guarantees its ...