Current inflation is trending downwards and in March decreased to 5% from 6% in February.
The Fed is likely to do only one more hike of 0.25% if that.
I’m not sure where you are getting your info from but this is another source that feeds into inflation and reduced again in March. Have a look at the months of April, May and June 2022 which were the peak so lets see the results for April, May and June for this year.
https://www.bls.gov/news.release/ppi.nr0.htm
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