Re:Federal Reserve raises rates by 0.75%
by iso1631 on Wednesday June 15, 2022 @02:33PM
(#31757252)
Supply chain prices have been increasing since covid as supply shut down and takes far longer to restore than demand. Just like certain parts of inflation (lumber) shot up in 2020 when demand went through the roof as everyone started working on projects (including things like outside offices for working from home)
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Housing prices in my boring-ass nothing of a city were up like 30% over a two year span, before the war started. Asset inflation had been going nuts for years before it happened. Before Covid, even. Practically since the we started to dig out of the '08 crash.