Simple question: How's the economy doing?
Answer: It’s complicated.
After the Federal Reserve hiked interest rates again (but less than last time) and all the market volatility, it's a good time to talk about the economy. ¹
Inflation has been falling since summer
Inflation fell for the sixth straight month in December, bolstering evidence that it may have peaked last June at 9.1%. ²
However, inflation is still very high, and its impact is being felt across the economy.
