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Hrekires t1_iwvgyrg wrote

This is literally the expected results of efforts to combat inflation, isn't it?

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maggotshero t1_iwwd9l0 wrote

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.

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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.

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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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