If Inflation Is Dropping, Why Are Prices Staying High?

To investors,

We saw inflation accelerate from 2% at the start of 2020 to more than 8% in 2022. This 400% increase created the highest inflation reading in 40 years and left many consumers in a dire financial position.

Although most people would like to point to a single culprit, the true cause of inflation is more likely a perfect storm of undisciplined…