January 26, 2023

The Federal Reserve would not rest easy with the slowdown in U.S. inflation

The Fed’s preferred inflation indicators rose in December at the slowest pace in more than a year, supporting the idea of a slowdown in the pace of interest rate hikes. Such figures would be consistent with expectations that the Fed will on February 1 further slow the pace of interest rate hikes to a quarter-point increase. But inflation remains well above its 2%…

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