Federal Reserve) With oil prices no longer going higher it is likely the headline inflation rate will continue declining. 'Core' inflation (red line) has been stuck at 1% for the last few months but the longer term trend looks downwards to me as well. The housing component is stuck in negative territory.Inflation data was released recently. The headline rate of inflation continues to roll downwards towards zero as the chart shows. (Source:
Overall the trend is down for all the sub components of inflation.