The past year hasn’t been kind to investors. With the highest inflation in four decades forcing the Federal Reserve to jack up interest rates in an attempt to cool the economy, stocks, bonds, and real estate have all been hit hard.
But lately, there are signs the Fed’s aggressive policies are starting to work, which could be a boon for asset prices. Year-over-year inflation, as measured by the consumer price index (CPI), dropped from its 9.1% June peak to just 7.7% in October.
