Yes, that is partly correct. 0 reward on the execution layer.

If you hover over the block reward on the link above, it will give tooltips.

0.064949216109325952 Ether (0 + 0.327007168804960212 - 0.26205795269563426)
(static block reward + Txn Fees + Burnt fees)

But do note that on the another hand, within the consensus layer, ETH issuance is still happening.

I found a great article and web platform while I researched your question. It should explain further regarding your topic: https://ethereum.org/en/upgrades/merge/issuance/ and https://ultrasound.money/. Take a look over there, it's a good read.