The Slowing of Inflation Growth

I'm growing increasingly confident that inflation is going to head back to the Fed's target over the next year or so. And kind of the frame I have is that there's three phases to this slowing in inflation growth. You mentioned one explicitly that's housing and that feels like that's baked, right? Because we know market rents are flat to down. We know that that takes some time for that to translate through into the cost of housing services as measured by the Bureau of Labor Statistics. The debate is really just about the speed. Can you land the plane or do you blow through the bottom as the trend is downward?