Quote:
Originally Posted by PeteMoss
Pretty sure the vehicle thing is exactly what the interest rates are trying to influence. There was supply issues with chips but that is quickly fading as many electronics (PCs, etc) markets are being hit hard already. Companies are trying to catch up to the backlog from past supply issues, but raising interest rates also lowers the demand. https://europe.autonews.com/automake...023-some-risks
Barring another world changing event - inflation will be back to normal at the schedule opendoor posts above. Just looking at the container rates to ship from Asia to North America - they are down to basically pre-pandemic rates after increasing like 500% from 2020-2022. |
Vehicle price continue to rise, regardless of interest rates due to supply chain issues.
I obviously agree that interest rate changes are trying to influence prices. However, once again, they can only do so much if there isn't enough supply. It's the same issue with housing. You can increase interest rates all you want, but when there's a housing shortage rent is going to go up.