Inflation & Prices
Used Car and Airline Prices Signal Inflation Is Here to Stay
- Rapid cooling seen in recent months will be hard to sustain
- Health care also among key areas to watch in coming months
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The rapid descent of US inflation over the last few months is likely too good to last.
New upside risks in categories that have played an outsize role in the recent deceleration — like used cars and airfares — are raising the question: Can price pressures in services components like housing slow enough in coming months to sustain the downward trend?