I came across an interesting data point today.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W

Seems the gas prices in the US we are seeing lowering aren't due to supply fix but an IOU from our government, as we will eventually have to restore our reserves. Not sure how much this has impacted our inflation decrease.

I'm wary of all economists being in the same thought that inflation is peaked, coming down, and be around 4-5%. Which I agree with you, is still too high and likely will lead to high rates for an extended time.

The one thing I do know is that I don't know what will happen in the future