U.S. annual inflation rate drops to 8.5%

Re:U.S. annual inflation rate drops to 8.5% by RC_ITR on Wednesday August 10, 2022 @12:38PM (#32414813)

Prices are an index and very rarely is the index not at an ath. Even in The periods you mentioned, the index was only off ath for a month or 3 and that’s mostly noise from Energy prices, so no it never reached a new equilibrium below where it was (that would be disastrous)