The high-interest rates are just a sale tax on the consumers. Nothing is deterring inflation and they have to raise interest rates for the last six months,. The supply side is broken and until that is fixed, inflation will continue. When the war in Ukraine stops and we oust the short little prick dictator when free trade and globalism make a return when immigration is fixed and not restricted when greed and price gauging stop and competition returns then inflation will come down. Listening to many economists with the worldwide nationalism stigma, this won't happen til our lesson is learned the hard way, 2028, inflation will remain at 5 to 11 percent.
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