Last Time Inflation Fell This Fast, It Triggered a 9-Year Bull Market for Stocks. Will History Repeat?
The Motley Fool
JANUARY 9, 2024
Inflation has been a hot topic for the past two years. It's measured by the consumer price index (CPI), which tracks the change in price of a basket of goods and services. The U.S. Federal Reserve is charged with keeping CPI growing by 2% annually, but in 2022, it soared to heights not seen in 40 years. The spike in inflation triggered an unprecedented policy response from the Fed, including a steep rise in interest rates, which initially sent the stock market plunging.
Let's personalize your content