Part 2/11:
These numbers illustrate that inflation is not spiraling out of control, as some predicted earlier in the year. Instead, it appears to be ebbing and flowing within a manageable range. A key interpretation here is that inflation has been relatively stable since the beginning of the year, with recent data not suggesting the hyperinflation feared by critics. Instead, the trajectory suggests a cautious return toward the Federal Reserve’s 2% target, albeit with some fluctuations.