maggotshero t1_iwwd9l0 wrote
Reply to comment by Hrekires in Home sales fell for the ninth straight month in October, as higher mortgage rates scared off potential buyers by ChocolateTsar
Yeah, inflation has also decreased over the past month or so. I think in october in only went up like .4 percent, which was lower than experts were predicting.
Contren t1_iwx0xqq wrote
And some of the down the pipe numbers like wholesale prices are turning negative. I'd expect inflation to cool rapidly in early next year, it's just going to be a question of whether we overshoot and dive headfirst into a recession.
54794592520183 t1_iwxq853 wrote
The chances of us not are pretty slim.
Flaky_Bee_2599 t1_iwypo75 wrote
Yeah but it did that before in June. All the news articles had economists talking about how inflation was over and that it had peaked.
Guess what happened next month.
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