Sale signs at a grocery store and a person shopping at the store
A person shops in a grocery store as prices are displayed on October 12, 2023 in Los Angeles.
  • While many experts don't see inflation getting back to normal just yet, it could in a year or two.
  • Consumer price inflation has been mostly slowing this year.
  • J.P. Morgan Asset Management's David Kelly is one expert who sees inflation on track to being around the Fed's 2% target by the end of next year.

Inflation has been one of the biggest pain points in the economy for the last couple years, but the end may be in sight.

Some experts see inflation as measured by the Consumer Price Index being around 2% — the Fed's target year-over-year rate of price growth — by some time in 2024.