On The Radar

On The Radar

October 21, 2022
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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.