What is the monetary policy of the 2.0 transition?

I've been following Ethereum for maybe the last 5 years, however, past the basics of POS and Sharding, I haven't really dug in deeply of the guts of 2.0.

I'll be honest, I'm coming at this more from an investment analysis standpoint than a technical standpoint here, but I'm interested in better understanding what the technical elements of the 2.0 transition mean for the supply of Ethereum in the short term and in the long term.

My understanding is that the new burning scheme will represent a consistent but modest decrease in the total supply of ethereum although I don't understand the profile of how this will change over time? Is this even correct? Is it front loaded? Will it burn at an increasing rate over time?

Are there other factors here that will affect the amount of ETH in circulation?