Evidence for: Core inflation excluding food and energy declined from 6.5% in March 2022 to 3.9% by December 2023.

0 · asserted by ◎ stannebraska (329) · 7 months ago

The vote is on the link: is “Services inflation decreased from 7.2% in March 2023 to 5.3% by December 2023.” good evidence for the claim?

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the evidence

Services inflation decreased from 7.2% in March 2023 to 5.3% by December 2023.

Higher interest rates cooled demand for services, a sector particularly responsive to monetary policy changes.

◎ stannebraska (329) · 7 months ago
the claim

Core inflation excluding food and energy declined from 6.5% in March 2022 to 3.9% by December 2023.

The decline in core inflation, which excludes volatile categories, demonstrates that Fed policy affected underlying price pressures across the broader economy.

◎ stannebraska (329) · 7 months ago

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