Hard to say I think it depends on the % inflation is bc if it still high gives FED ammo to be more aggressive. Put their actions normally don’t hit the economy until 6 mths later I think the next 6 mths & 2023 will be the difficult ones bc people had savings & credit cards to weather this storm. But wats going to happen when things go left again.
Hard to say I think it depends on the % inflation is bc if it still high gives FED ammo to be more aggressive. Put their actions normally don’t hit the economy until 6 mths later I think the next 6 mths & 2023 will be the difficult ones bc people had savings & credit cards to weather this storm. But wats going to happen when things go left again.
Think it will be lower then before but still to high so the FED will continue to raise interest rates