Atlanta Fed President Raphael Bostic also appeared on CNBC this morning, expressing optimism that supply-chain issues — in the U.S. and across the globe amid our trading partners — are abating, which would lead to some slack in goods availability, thus allowing for lower prices which would stem the tide of inflation. To flatten at +2% would be optimum. However, an in-line revenue guidance for full-year 2022 is seen as a disappointment, and shares are down -2.5% in today’s pre-market.