This is important: economists think the disinflation we're currently seeing isn't due to Fed rate hikes, which have yet to fully transmit through the economy. Instead, many say this is the a post-Covid normalization. (1/2)
This raises questions about the ramifications of Fed rate hikes that are working their way through the system. Will they spur greater disinflation? And if so, will that prompt the Fed to cut rates sooner than some expect?
Loading suggestions...