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Global oil prices fell from $122 per barrel in June 2022 to $72 per barrel by December 2023.

Submitted by ◎ stannebraska (329) 5 months, 3 weeks ago
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Energy price declines, driven by global supply factors unrelated to Fed policy, accounted for approximately 40% of the inflation decline during this period.

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Cited as evidence in 1 claim: The Federal Reserve's interest rate hikes reduced inflation… (opposes)

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[+0] The Federal Reserve's interest rate hikes reduced inflation from 9.1% in June 2022 to 3.4% by December 2023. central-banking inflation interest-rates macroeconomics monetary-policy
Global oil prices fell from $122 per barrel in June 2022 to $72 per barrel by December 2023.
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Gasoline prices dropped from $5.01 per gallon in June 2022 to $3.11 by December…
◎ stannebraska (329) · 5 months, 3 weeks ago · discuss
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