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.
Tag: Consumer Price Index
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Inflation Cooled Notably in November, Good News for the Fed
Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.
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Stocks Soar as Investors Welcome Signs of Cooling Inflation
The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases.
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Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?
Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.
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Biden, Pointing to Cooling Inflation, Extols His Economic Policies
The president took credit for signs that rapid price rises were moderating, after spending months on the defensive about his handling of the economy.