t3rmit3 , 14 days ago (edited 14 days ago) They're catching up with the recent pace, which is back down (i.e. 3.3%), not the post-2020 pace. It still hasn't caught up. As you quoted: Will consumers suddenly feel relieved from the burden of elevated prices? No.
They're catching up with the recent pace, which is back down (i.e. 3.3%), not the post-2020 pace. It still hasn't caught up.
As you quoted:
Will consumers suddenly feel relieved from the burden of elevated prices? No.