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Core inflation excluding food and energy declined from 6.5% in March 2022 to 3.9% by December 2023.
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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
virtues: Accurate unrated · Falsifiable unrated · Clear unrated · Novel unrated · Important unrated
this claim:
Core inflation excluding food and energy declined from 6.5% in March 2022 to 3.9% by December 2023.
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Services inflation decreased from 7.2% in March 2023 to 5.3% by December 2023.
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virtues: Accurate unrated · Falsifiable unrated · Clear unrated · Novel unrated · Important unrated
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