Fed rate increase = lower hifi prices?

Will the recent rate hike meant to slow down the economy result in lower hifi prices? Seems everything shot up during Covid. Will we now see some relief?

bigtex2205-06-2022 1:14am

Showing 2 responses by grannyring

grannyring Details Discussions Posts This discussion Message User 6,438 posts 05-06-2022 at 01:38am Copy Comment URL Report Comment Edit Delete Homes, gear and autos will come down because demand will be down and down significantly with the coming recession. It’s happening right now folks. We are currently experiencing the initial birth pains.
grannyring Details Discussions Posts This discussion Message User 6,438 posts 05-06-2022 at 07:55pm Copy Comment URL Report Comment Edit Delete Demand stops them. It’s always about demand and supply. Yes, prices do come down. The housing market has been riding up and up, but right now it has peaked and has actually come off. Why? Demand is down.

More to discover