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The unemployment rate remained below 4.0% from January 2022 through December 2023 despite rate hikes.

Submitted by ◎ stannebraska (329) 5 months, 3 weeks ago
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The Fed achieved inflation reduction without triggering a recession or significant job losses, suggesting effective policy calibration during this period.

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

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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
The unemployment rate remained below 4.0% from January 2022 through December 2023 despite rate hikes.
[+0] validity 0.0 centrality 16.8 consensus 0 depth 0.3
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Payroll employment increased by 6.2 million jobs between January 2022 and Decem…
◎ stannebraska (329) · 5 months, 3 weeks ago · discuss
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