The Federal Reserve moved to curb inflation by rapidly raising interest rates, taking them to their highest levels since 2007. Although inflation has shown signs of moderating, the labor market has remained strong, putting the Federal Reserve in a difficult position as it attempts to bring inflation back to its 2% target without causing a recession.

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2022 Year End Update

The Fed moved to curb inflation by rapidly raising interest rates, taking them to their highest levels since 2007. Although inflation has shown signs of moderating, the labor market has remained strong, putting the Central Bank in a difficult position as it attempts to bring inflation back to its 2% target without causing a recession.