/biz/ - Business & Finance

So anybody else kind of surprised that inflation seems to be subsiding as much as it is? I know it's a bit early to call the battle "over" but truflation is calling it at 4%. I still think 4% is gonna be sticky as shit, but if core comes down to below 5%, I'm curious how long until we reach 4% on the core number, and whether or not the fed really truly continues.

I've had a stance that Powell would continue rate hikes until either A) the job is done or B) he breaks something, and we're definitely seeing B happen. Nobody gives a damn what Elizabeth Warren's cunt mind things, but does anybody here really truly think we'll keep trending down until core is at 2% and at this point inflation is defeated? Am I missing something?