What we need is negative inflation.................
If I read that correctly you want deflation? Dangerous thing if uncontrolled.
I wouldn’t bet any money on that yet. Lower inflation yes, especially after the temporary tariff negotiations get settled. The markets can deal with good news and bad news, their worst problem is uncertainty.
If unemployment were to start rising quickly we could get to deflation eventually, but no one will like it. Business activity doesn’t predict that at this time. It also looks like the “strike fever” wore off quickly for now.