• Optional
    16•9 months ago

    So companies won’t be gouging prices so much? I mean, I can’t believe that. Lower cost of materials just means even more record profits, doesn’t it?

  • @[email protected]English
    6•9 months ago

    Does this mean there isn’t going to be a soft landing or does it relate to that at all?

    • @ultranaut
      12•9 months ago

      If anything, it’s more evidence for a soft landing. Prices coming down is a good sign currently and means the Fed can potentially start lowering rates sooner. Unemployment is still low and consumer demand is still high so prices stabilizing is really just the last piece.

    • Bipta
      6•9 months ago

      It’s probably too soon to say but I don’t think this refutes that idea. Especially because of this:

      with a 12.4% decline in the cost of diesel fuel accounting for half of the decrease.