The investment bank projects inflation as measured by the Fed’s preferred personal consumption expenditures price index to hit 3.3% for 2025.
  • Tempus Fugit@midwest.socialEnglish
    7·
    12 days ago

    A little late for this call if you ask me. Auto loan delinquency rates are currently at 5.1% and only predicted to get worse. Vehicle prices are way inflated, some say by up to 20%. Vacations to places like Las Vegas have cratered. Nobody I know is making big purchases anymore and folks are couponing like crazy.

    • redsand@lemmy.dbzer0.comEnglish
      2·
      12 days ago

      I saw a guy at a large retailer trying to sell a vacation package recently. 5 days at a resort in the Ozarks with a private cabin for $200 and a $100 VISA then he offered another $100 VISA. So it was free. Still no takers.