It is important to know that CPI passed above the +2 stdev in April 2021 for the first time in the

past
12 years.

In September 2021 Inflation just passed the +4 stdev

In the past 4, the rate of change does not show any decrease

Now let's review the real causes of Inflation:

Milton Friedman: “Inflation is always and everywhere a monetary phenomenon".

Increased government spending is good for the economy, but it can lead to scarcity in some goods
and inflation will follow.
Everyone knows this administration is willing to spend more to achieve a higher employment rate
and GDP, which means more inflation!

We also experiencing Demand-pull inflation , when demand surpasses supply, higher prices are the
result. This is demand-pull inflation .
Demand-pull inflation is the upward pressure on prices that follows a shortage in supply, a condition
that economists describe as "too many dollars chasing too few goods."

A Broken supply chain in time of high demand:

U.S. supply chains have suffered major damage due to the combined factors of the coronavirus
pandemic, short-term corporate planning, and underinvestment in logistics, a new report from S&P
Global Research found.

To wrap it up:
I am not an economist and I cannot find any evidence for a lower inflation rate in the next few
months, but I have found many to support a higher inflation rate for the next few months!

I strongly believe anyone who talks about "Deflation" at this moment is either a fool or tries to fools
others.