A key purpose of Central Banks raising interest rates is to tame inflation. But macroeconomic measures are akin to turning an oil tanker - they take time to have an effect. Rate rises also tend to have the effect of strengthening the currency, making imports more expensive. Currency markets react much faster than consumer price setters do. In a globalised economy exchange rates are heavily influenced by what other players do. So for example, the Euro fell against the Dollar recently because the ECB did not mirror the FED's actions. The indications now are that the ECB will begin raising rates, so that will affect the Euro dollar exchange rate. In any event, consumer price inflation has happened for a whole host of reasons - supply chain shortages, labour shortages, winding down of quantitative easing etc. In short, I would not expect interest rates in and of them selves to have any appreciable effect on the price of hi fi.
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?