Seems a little premature to celebrate with the impact of tariffs just around the corner. The economic shitstorm unleashed this week hasn’t been felt at all yet except in the market.
Now if we do go into a deep recession then prices very well may fall. Typically economists view deflation like that as far worse than moderate inflation. It’s a harder cycle to break. I guess we shall see.
Final point, overall prices are still going up, just not as fast. Let me know when consumers are spending less this year overall than they did last year as the dear orange leader promised.