Inflation- How Will It Effect the Economy in the Next Few Months?

Since the beginning of the year, the economy has risen, the stock market (Dow and S&P) has continued to rise, and from recent surveys from Briefing.com, it shows that employers have increased their payrolls from 146,000 jobs in January to 225,000 in February. Due to the decrease in inflation, the banks have increased their interest rates because people have more money. Spending increased 8% last month. They predict the stock market will continue to rise and are expecting strong gains. When the numbers come in for new home sales, they are also expecting home sales to have risen from approximately $1.1 million in December, to $1.3 million in January. How has the decrease in inflation effected other aspects in the economy, and because of this, what do you think the future of our economy looks like? Is this good or bad?