Have we reached peak inflation?

Inflation in the U.S. may have reached its peak. A big part of that is falling gas prices, which recently dipped back below the $4 per gallon mark. The price of crude oil is also on the decline, closing at just under $90 a barrel on Friday. Plus, a new phase in the search for habitable planets. And, a historic moment at the Iowa State Fair. Guests: Axios' Javier David and Miriam Kramer. Credits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Lydia McMullen-Laird, Alex Sugiura, and Ben O'Brien. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go deeper: Inflation drops to zero in July due to falling gas prices Axios’ Jason Clayworth is the first guy in the Iowa State Fair’s husband calling contest A new chapter in the search for alien planets

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Axios podcast host Niala Boodhoo digs deep with leaders you know — or need to know — in business, politics and culture. Every week, all in under 20 minutes. About Axios: Axios is a digital media company launched in 2017. Axios helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app.  About Niala Boodhoo: Niala Boodhoo is the host of 1 big thing and previously hosted Axios Today She was the founding Host and Executive Producer of the award-winning news program The 21st. An alum of Reuters, The Miami Herald and WBEZ/Chicago, Niala was a 2019-2020 Knight-Wallace fellow.