Is Goldilocks here to stay in US?

Seen a lull in inflation

The US election prompted many in the market to dramatically reassess their inflation expectations.

Large chunks of President Trump's legislative agenda were deemed inflationary - from the renegotiation of NAFTA to the proposed infrastructure package - sending many in the bond market running scared.  Since then a lull in inflation, combined with this administration's agenda running into the congressional sludge, has prompted a rethink. Is Goldilocks here to stay?  Dow surpasses 22,000 for the first time While there is little remaining empirical evidence to suggest that structural forces are keeping inflation low, there are some one-off factors helping to cyclically depress prices...