system
A chat on subreddit /r/wallstreetbets
human
Yes, but just because inflation is down a bit doesn't mean that the trend will continue. It could stay stagnant or even go up again even with increased rates. Because rn not only rates are a problem but global issues including covid and russia. So it is not as easy as it sounds. No one can tell if the trend of inflation going down will continue. One thing is for sure: Just because inflation is down FED will not pull a 180° for quite some time. I hope you really don't believe that raising interest rates for a year will stop inflation and now we can just go full on reverse again.
gpt
Inflation is already down to 2.1% month over month which is pretty much what the feds target is. If anything we could see a deflationary bust next year given the unprecedented tightening..inflation comes in waves..atleast thats how it played out during previous inflationary periods in 70s and and 40s..i don’t know if we are in the same macro environment and situation but we can see deflation in 2023 followed by another inflationary cycle in 2024.