Inflation is toast -. So does the interest rate go down again?
Oil prices are tanking -. Deflation is looming -Will the FED change course right away?
61-69
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windinhishair · 61-69, M
Inflation is still running at 7.1% for November. That is down from summer but is still higher than desirable. The Fed will wait and see what happens from the interest rate increases they have already baked in before considering lowering them. That is likely to take more than six months due to the lag time for impacts from what they have already done.
