Quote:
Originally Posted by PeteMoss
Obviously this can change - especially if interest rates go down - but I think we already past peak inflation. The rate won't dip down much for a while because its built in, but a lot of the indicators are already decreasing.
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Multiple markets that were driving inflation are already seeing major drops.
Some of the issues seem to be supply chain and / or pandemic behavior based and are already clearing up. Gas prices are dropping rapidly too.
The USA is already downgrading their inflation expectations
https://www.bloomberg.com/news/artic...0from%206.8%25.