Why Fed lowered interest on IBonds?

Feels like the Feds expect the inflation to go down pretty soon and for this the lowered the IBond interest for the next 6 months to 6.48%.

So should I start going down the checklist of my “inflation is down” runbook?

refs: https://www.cnbc.com/2022/11/01/treasury-series-i-bond-rate-is-6point89percent-through-april-2023.html