In time, it is possible that lower gas and energy prices or unclogged supply chains will help steer prices back down to more-sustainable levels. But it is unclear when that will happen, and in the meantime, businesses and consumers could start to change their expectations of what is still to come. Plus, the more persistent and embedded high prices become, the harder it will be for policymakers to rein them in.

Source: Washington Post December 11, 2021 01:13 UTC