2022 ended with lower inflation, but Fed could still raise interest rates

Aaronn Sittig

2 years ago

2022 ended with lower inflation, but Fed could still raise interest rates – CBS News

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The Consumer Price Index fell in December for the sixth straight month. It could be a sign the Federal Reserve will soon ease up on its aggressive interest rate hikes. Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, joined to CBS News for what this news means for the U.S. economy in 2023.

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