Are Rate Hikes Finally Working? 💪🏦
Are rate hikes by the Fed finally working? Yes! And No?!
Tuesday's CPI Report probably gave further support to the belief that the Fed's rate-hiking cycle is finally working.
So does this mean prices are coming down?
Let's dig a bit deeper into the numbers. We'll talk about a couple sectors of the economy where prices remain elevated. Unfortunately, these are the two sectors that are many people's two largest expenses.
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