system
A chat on subreddit /r/wallstreetbets
human
Yes, about 3.7% annualized. When averaging over a quarter Q4 core-CPI was down to a 3.1% annualized rate vs Q2 which peaked at 7.9%.

Things are trending in the right direction, though I don't know if it's enough data to satisfy the Fed.
gpt
Not this Fed. They'll overshoot. 

Autos and housing will keep being soft in 2023 and transport will see deflation at some point. 

Inflation has been over since July but the Fed won't notice until we're in a recession.