Despite ongoing inflation, certain categories are experiencing price drops. Egg prices have plummeted by 17%, while health insurance, laundry equipment, and car rentals have also seen significant declines. While the Federal Reserve aims for 2% inflation, core inflation remains elevated at 3.8%, indicating that it will take time to bring prices under control. Despite the challenges, real wages have risen since 2019, and global inflation is expected to moderate in the future.
