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?

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Why should price gouging stop with a raise in interest rates? 
Sounds like a great time to turn the screws some more.

It seems to me that it is a Buyer’s Market right now...(For Audio) IMO .

Nobody has extra money to spend on Audio, because of Inflation.

It costs a lot more for the essentials like Gas, Groceries ,your electricity & gas bill.

See below for amount of price increase:

  • Rental cars: 42.9%
  • Gas: 42.1%
  • Used cars: 24.4%
  • Hotels: 18%
  • TVs: 12.7%
  • Furniture: 11.2%
  • Meats, poultry, fish and eggs: 10.5%
  • New cars: 8.7%
  • Appliances: 7.1%
  • Electricity: 5.2%
  • Restaurant prices: 4.7%
  • Rent: 2.9%

When people can't afford to pay their mortgage, car payments etc. due to inflation and higher interest rates, one of the first things to go is the HIFI system.

Manufacturers and dealers will dump products through grey market dealers enabling them to maintain the facade of charging full retail while not honouring warranties.

I acquired most of my high ticket items during previous market crashes.

My property taxes have never gone "down"....always go up....someone already said it, seldom to prices come back down once they have gone up....unless it's on sale, which is rare in the hi-end segment. In fact, it is uncommon to even receive a discount on most hi-end stuff, I tried, the answer is usually, no discount.