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Global oil prices fell from $122 per barrel in June 2022 to $72 per barrel by December 2023.
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The Federal Reserve's interest rate hikes reduced inflation from 9.1% in June 2022 to 3.4% by December 2023.
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central-banking
inflation
interest-rates
macroeconomics
monetary-policy
virtues: Accurate unrated · Falsifiable unrated · Clear unrated · Novel unrated · Important unrated
this claim:
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 2023.
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