On The Radar

On The Radar

October 21, 2022

Has inflation started to respond to the Fed's interest rate hikes?

Not yet, inflation is still running hot.

The September’s gain in Consumer price index (CPI) was up 0.4% Month-over-month (MoM) and 8.2% Year-over-year (YoY), down from 8.3% last month. Core inflation (which excluded food and energy prices) jumped to 6.6%, marking a
40-year high.