the article is consistent with sticky cpi, as can be seen in the transient and sticky cpi and wage tracking, in fact we appear to be in deflationary territory but I'm not an economist so my interpretation might be off https://www.atlantafed.org/research/inflationproject/stickyp... https://www.atlantafed.org/chcs/wage-growth-tracker

Not a prelude, the Sahm rule is an indicator a recession has already begun.