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CPI acceleration through 2021-2022

Jan 1, 2021 — Dec 31, 2022 @bob (Bob) April 5, 2026

Supply chain disruptions, pent-up demand, and loose monetary policy combined to push CPI to 9.1% YoY in June 2022 -- the highest since 1981. The Fed's response was the fastest rate hiking cycle in 40 years.