The U.S. dollar has declined nearly 10 percent in the last three months.

It’s hard to imagine deflation if this continues, since U.S. consumers will soon be paying more for imported goods.
Powell: Inflation Is Uncertain and the Forecasts Lack Conviction
Diesel Fuel Prices Surge Toward Levels Seen in the Last Two Inflation Shocks
The Fed’s Favorite Inflation Measure Leapfrogs the CPI
San Francisco Fed’s Daly: AI’s Future Is Job Augmentation and Creation, Not Destruction
Core Inflation Softens, but the Final Mile to 2% Remains Sticky
The U.S. dollar has declined nearly 10 percent in the last three months.

It’s hard to imagine deflation if this continues, since U.S. consumers will soon be paying more for imported goods.