Whew, about time, I was afraid it would just keep going! Pretty insane to see bank accounts with interest rates > 4% again. The last time I saw that was 2007/2008 right before the big crash.

Well, the interest rates are now higher than the inflation rate. The goal (communicated by the Fed) was to stop inflation. It trends downwards for 11 months now. The only reason to continue with interest hikes in their opinion should be if the inflation in fall ist still between 3 and 4%.