https://www.stlouisfed.org/on-the-economy/2023/jan/will-high-inflation-persist Created Tue, 10/01/2023 - 21:30 Updated Tue, 10/01/2023 - 21:30 The answer to when inflation will revert to its long-run average likely depends on whether we are still in the “Great Moderation” regime of less volatile inflation.