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The macro environment in 2022 included a sustained effort by the US Federal Reserve to curb inflation through a major increase in the Federal Funds rate. In this study, I look at the growth rate trends in energy commodities (e.g. natural gas) and energy services (e.g. electricity) to see if their price trends are declining due to the Fed's policy of monetary tightening. I also compare the energy price growth rates to overall CPI growth rates to see if they trend together. I use year over year by month growth rates and rolling 3 month growth rates annualized to develop my trend analysis.
Jon Fulkerson, Robert Dean
Primary Advisor's Department
Economics and Finance
Stander Symposium, School of Business Administration
Institutional Learning Goals
"Rising Interest Rates and Energy Price Trends in 2022" (2023). Stander Symposium Projects. 2830.