Consumer Price Index – Page 7

Inflation Cooled Just Slightly, With Worrying Details

Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.

The economic “misery index” has fallen off a cliff.

Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.

There’s no recession yet, and inflation is falling.

Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.