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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.
this claim:
The Federal Reserve's interest rate hikes reduced inflation from 9.1% in June 2022 to 3.4% by December 2023.
supports (4)
supports: [+0] The unemployment rate remained below 4.0% from January 2022 through December 2023 despite rate hikes. centre graph here [i]inspect this link virtues: Accurate unrated · Falsifiable unrated · Clear unrated · Novel unrated · Important unrated
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supports:
[+0]
M2 money supply growth slowed from 12.9% in February 2022 to -3.7% by October 2023.
centre graph here
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virtues: Accurate unrated · Falsifiable unrated · Clear unrated · Novel unrated · Important unrated
supports: [+0] Core inflation excluding food and energy declined from 6.5% in March 2022 to 3.9% by December 2023. centre graph here [i]inspect this link virtues: Accurate unrated · Falsifiable unrated · Clear unrated · Novel unrated · Important unrated
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supports: [+0] The Federal Reserve raised the federal funds rate 11 times between March 2022 and July 2023. centre graph here [i]inspect this link virtues: Accurate unrated · Falsifiable unrated · Clear unrated · Novel unrated · Important unrated
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