$32$ According to most recent $\frac{C}{P}$I and $\frac{P}{P}$I reports

a inflation requires aggressive interest rate hikes

b Inflation is nearing $($falling$)$ the target range of $1\mathrm{.}5\%-3\mathrm{.}5\%$

c inflation appears to be lower than the Fed's target rate of $2\%,$ but coming down

d inflation appears to be higher than the Fed's target rate of $2\%$ and going up