Used Car & Truck Prices Suddenly Bounce, Inventories Tighten: End of Historic Plunge that Pushed CPI Inflation Down?

This may be it, the end of the historic plunge of used vehicle prices that has unwound 60% of the even more historic price spike during the pandemic. The price plunge, which kicked off at the end of 2021, has been a substantial force in bringing CPI inflation off its highs...