Gas prices have fallen. Here's why inflation hasn't

Gas prices have been trending downward for more than 50 consecutive days, giving drivers some much-needed financial relief at the pump. But nobody's popping the champagne just yet. While gas prices have played a large role in the current bout of historic inflation, analysts warn that a number of factors remain that will keep overall prices from falling any time soon.

Consumers' inflation expectations hit record high

Consumer expectations for prices to continue rising over the next year increased to the highest level on record, according to the latest Survey of Consumer Expectations from the Federal Reserve Bank of New York, released on Monday.