"Key Takeaway: Key inflation measures suggest cost pressures can take a backseat to the labor market as Fed policymakers lay out easing cycle."
https://mortgage.archgroup.com/wp-content/uploads/sites/4/MCUS-B1633B-HaMMR-Digest-091624.pdf
Interesting chart (follow the link for many more charts) showing housing and car insurance make up 85+% of inflation now (versus less than 25% over the last few years).

