Inflation is coming down. The Bureau of Labor Statistics, which measures

the Consumer Price Index reported the 12-month inflation rate for May at 4.0

percent, down a whole point from the 5.0 percent rate in April. Inflation had

peaked in June 2022 at 8.9 percent, which was the highest inflation rate in 40

years.

Larry Deboer gives his analysis of what it all means.