I think someone forgot to tell my local contractors and insurance that All items CPI is cooling at 3.2%, and the Fed will be cutting rates in June, so they can stop raising their rates significantly.  Insurance rates (especially on Illinois properties) are bumping up about 45% on each renewal. 

HVAC and plumbers are up 50% and 30% respectively on their trades just these last couple months.  And this is after their prior year increases of about 25%.  Not all users know about these latest contractor and insurance hikes yet.  They’ll find out.  Consequently, will the end user raise their own rates again?

Someone needs to tell the other guy to stop raising, so the other guy will stop raising.