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Interest rates will keep going up till inflation comes back down. The inflation rate seems to be on the way back down. The slowing of demand and the unkinking o
by more_corn 4y ago
Interest rates will keep going up till inflation comes back down. The inflation rate seems to be on the way back down. The slowing of demand and the unkinking of the supply chain seem to be having a positive effect.
- gausswho 4y agoThe market going giddy over the slight slowdown of inflation is suspect, due to a change in how medical costs are measured. Without that change inflation would officially still be rising. https://wolfstreet.com/2022/11/10/services-inflation-spiked-to-second-highest-in-4-decades-would-have-hit-new-high-if-not-slowed-by-biggest-ever-adjustment-of-health-insurance-cpi/ https://wolfstreet.com/2022/11/10/services-inflation-spiked-...