Quick econ thoughts

Based on the brief snapshot in Reuters here are some quick thoughts....

Core prices are down so the Fed may be thinking interest rates are at the sweet spot. With inflation perhaps in check there may not be any sense in raising them to further slow the economy.

Could Home Depot's disappointing results signal a further slowing in the housing market? That seems a little too basic an analysis to me. But either way, it could be something worth watching and could perhaps mean that there won't be much more happening in the economy from the Fed or the government for fear of tipping this delicate inflation vs. slow economy balance.