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

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

The Fed achieved inflation reduction without triggering a recession or significant job losses, suggesting effective policy calibration during this period.

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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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[+0] Payroll employment increased by 6.2 million jobs between January 2022 and December 2023. discuss
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