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Fed funds vs inflation employment

Through months of higher interest rates, inflation falls while unemployment holds steady

June 2022
9.1%
Annual percentage changes
July-Dec. 2023
5.25-5.5%
Nov. 2023
3.7%
3.1%
Jan. 2022
SOURCE Bureau of Labor Statistics, Federal Reserve

Fed funds vs inflation employment

2023-OCT 24 USAT - Graphics
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