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> are supposed to reduce the price of food and gas (CPI) and clothes, furniture, cars, toys, electronics, and other junk (core CPI). Rising interest rates stro
by Grimburger 4y ago
> are supposed to reduce the price of food and gas (CPI) and clothes, furniture, cars, toys, electronics, and other junk (core CPI).
Rising interest rates strongly support the currency, as you might see now with the USD and have far it has outperformed every other because bond rates are great in the US so all the cash starts flooding in.
The prices of all those things you mentioned (sans food for the US) are mostly valued in other currencies.