Looks like the Inflation Reduction Act worked.
Council of Economic Advisers
 @WhiteHouseCEA
10 Aug 2022
Inflation as measured by headline CPI increased 0.0 percent month-over-month in July, well below its elevated June monthly rate of 1.3 percent. Monthly core inflation in July fell to 0.3 percent. 1/
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Replying to @khuey_
It's too bad it didn't establish a new type of Individual Retirement Account...

Aug 10, 2022 · 2:28 PM UTC

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Replying to @davidbaron
Speaking as a Small Business Owner (TM) we'd be much better off if we consolidated all the tax advantaged retirement stuff into a single traditional and a single Roth format.
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