The Fed should stand pat on further interest rate hikes at this week’s meeting: Inflation is easing even as the labor market remains strong
CFO News Room
JANUARY 30, 2023
Inflation and all of its main drivers sharply decelerated in the last half of 2022. This was the case even though the pace of economic growth accelerated in the second half of the year and unemployment remained very low. The Federal Reserve’s “dual mandate” is meant to balance the risks of inflation versus the benefits of fast growth and low unemployment.
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