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Its gonna go down, there isnt anything to do to stop the recession, we were in a post-pandemic bubble and our economy has been so heavily debt fueled that the increase in rates was going to hit it hard.
But its kind of "damned if you don't" as they couldn't just do nothing else people would lose their minds over inflation, which is also, at least for now, going to stay bad because of insane transport costs. A 40ft'er from China used to be $3800, now its "down" to $15,000 (from hitting up to $20k).
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