1. Totally agree that inflation is cooling, but let’s not forget core inflation still clocks in above 5%. That means the Fed’s work isn’t done yet—tightening might continue into next year despite headline numbers dropping.

https://tango-wiki.win/index.php/Case_Study:_How_a_%E2%82%AC3.2M_German_Manufacturer_Entered_Mercosur_Markets_While_Cutting_Costs_18%25_in_12_Months

1. Totally agree that inflation is cooling, but let’s not forget core inflation still clocks in above 5%. That means the Fed’s work isn’t done yet—tightening might continue into next year despite headline numbers dropping. 2