Re:Americans Are Still Spending Like There’s No Tomorrow
by randomdata on Monday October 02, 2023 @09:49PM
(#37746958)
Slightly different side of the coin, but in Canada – and maybe the US is the same – mortgage interest costs are what is driving inflation. Excluding mortgage interest costs, inflation has been within the target range for quite some time now. So higher interest rates are responsible for inflation in that sense.
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