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Will current inflation be only transitory? What will US CPI be for 2022?

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JP Morgan's David Kelly on CNN - Copyright: Screenshot of cnn.com as per 18 November 2021J.P. Morgan Asset Management's Chief Global Strategist David Kelly predicts that current inflation [as of November 2021] will be only transitory. In a video interview with CNN, he claims: "We will see inflation that starts with a 2 rather than a 6!" Slowing will start within the next few months, he says.

Let's see if he's right and verify his prediction!

Link to Kelly's interview on CNN.