Oil prices are starting to come down, and that's the prime
Posted on: July 8, 2022 at 08:50:53 CT
SparkyStalcup MU
Posts:
25084
Member For:
13.49 yrs
Level:
User
M.O.B. Votes:
5
factor in inflation right now, as it affects prices for food and other goods through increased shipping costs. May be time for the Fed to pump the brakes on the rate hikes. This isn't nearly as bad as the 70s when we had double-digit inflation and stagflation...we don't need a Volcker-esque solution.