M2 money supply growth slowed from 12.9% in February 2022 to -3.7% by October 2023.

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0 ◎ stannebraska (329) · 7 months ago · no fields yet

Restrictive Fed policy reduced money supply growth and even caused contraction, limiting the funds available for spending and price increases.

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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. discuss central-banking inflation interest-rates macroeconomics monetary-policy
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