The problem with “inflation is cooling” is that the actual inflation rate (ie., growth in prices) for 2025 is going to be almost as high as 2024. Overall, absolute prices have slightly risen, and most people were getting killed in 2024, by high prices.
One good sign has been gasoline prices, but they have jumped by 30 cents or more in the last few days, here in the mid-South, and this seems to be mainly due to international tensions, even tho’ crude is only up slightly. US crude inventories dropped sharply (more than expected) - I’m not sure why. Refiners leaving CA can’t be helping - the fuel has to come from somewhere...
https://tradingeconomics.com/commodity/brent-crude-oil
Inflation is up. The rate of inflation is ‘down’. Only political hacks say inflation is down.
Another thing, people aren't really getting killed by the price of eggs. They're getting killed by skyrocketing utility bills thanks in large part to increased use and green energy boondoggles.