1. Totally agree that inflation is cooling, but let’s not forget core inflation still clocks in above 5%. That means the Fed’s work isn’t done yet—tightening might continue into next year despite headline numbers dropping.

https://www.bookmarking-fox.win/when-covid-disrupted-trade-how-european-finance-leaders-read-bureaucratic-gridlock-and-act-fast

1. Totally agree that inflation is cooling, but let’s not forget core inflation still clocks in above 5%. That means the Fed’s work isn’t done yet—tightening might continue into next year despite headline numbers dropping. 2