Question: Based on the chart, which answer best describes CPI numbers in terms of economic conditions? We had inflation about 8% above the desired target rate

 Based on the chart, which answer best describes CPI numbers interms of economic conditions? We had inflation about 8% above the desired

Based on the chart, which answer best describes CPI numbers in terms of economic conditions? We had inflation about 8% above the desired target rate in 2022 , with the rate expected to decline over the next two years but remain well above the target rate. We had inflation about 6% above the desired target rate in 2022, with the rate expected to decline over the next two years but remain above the target rate. We had inflation about 6% above the desired target rate in 2022, with the rate expected to decline over the next two years and drop below the target rate. GDP CQ0Q 2.0\% For 1Q T Next Release 27 Jul 08:30 Survey -- GDP US Chained 2012 Dollars QoQ SAAR Bureau of Economic Analysis United States of America Browse Country/Region Guide 20) Economic News | NEWS 21) 'Never Trade on ADP': Wall Street Schooled as .... 27 AI Stock Frenzy Cools as Job Market Stays Stro... 23) An \$18.5 Million Short Vol Wager Posts as One ... 30) Central Bank | FED 51) Latest Decision 52 Central Bank Target Rate 53) Next Decision 54) 3 Month Depo. Rate 06/14/23 5.25% 07/26/23

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