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Here’s how soon prices could go down again, according to experts

Economy And Jobs,Inflation,Business,Labor,Trade,Supply Chains,Federal Reserve,Interest Rates,World,Gas Prices,Housing Market,Energy,Politics,Joe Biden

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Analysis

It’s no secret that everything from groceries and gas, to airline tickets and rent is more expensive than it used to be, and many Americans are left wondering when prices will go back to “normal.”

The short answer is that it largely relies on a variety of factors influencing today’s record-high inflation — post-pandemic consumer demand, ongoing supply chain shortages, geopolitical events, the war in Ukraine — and there are various viewpoints on how most of these factors will unfold.

Here’s what the experts say about when prices may level out.

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