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Based on the chart, which answer best describes CPI numbers in terms of economic conditions? We had inflation about 8% above the desired target rate

image text in transcribedimage text in transcribed Based on the chart, which answer best describes CPI numbers in terms of economic conditions? We had inflation about 8% above the desired target rate in 2022 , with the rate expected to decline over the next two years but remain well above the target rate. We had inflation about 6% above the desired target rate in 2022, with the rate expected to decline over the next two years but remain above the target rate. We had inflation about 6% above the desired target rate in 2022, with the rate expected to decline over the next two years and drop below the target rate. GDP CQ0Q 2.0\% For 1Q T Next Release 27 Jul 08:30 Survey -- GDP US Chained 2012 Dollars QoQ SAAR Bureau of Economic Analysis United States of America Browse Country/Region Guide 20) Economic News | NEWS 21) 'Never Trade on ADP': Wall Street Schooled as .... 27 AI Stock Frenzy Cools as Job Market Stays Stro... 23) An \$18.5 Million Short Vol Wager Posts as One ... 30) Central Bank | FED 51) Latest Decision 52 Central Bank Target Rate 53) Next Decision 54) 3 Month Depo. Rate 06/14/23 5.25% 07/26/23

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