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Inflation expectations measured by 5-year breakeven rates peaked at 3.6% in April 2022, before the Fed's steepest hikes.
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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
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this claim:
Inflation expectations measured by 5-year breakeven rates peaked at 3.6% in April 2022, before the Fed's steepest hikes.
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