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High inflation and efforts to tame it defined 2022 economy

Por: WPLG Local 10 Nation December 15, 2022

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WASHINGTON – For the economy, 2022 was a throwback year. And not in a good way.At times, it felt like the 1970s or early '80s. Inflation running rampant. The United States and its European allies engaged in a not-so-Cold War with Russia. A bleak outlook leaving people feeling sour and anxious.It wasn’t supposed to turn out like this.When the Federal Reserve’s policymakers made their 2022 forecasts a year ago, they seemed almost... + full article



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