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Fed Faces Inflation Headwinds | Chicago News

Inflation stubbornly clings at 3.7% as the Fed watches closely, with consumer spending on goods falling sharply while services surge — all amid a tepid 1.5% GDP growth and rising energy costs from global tensions, forcing the central bank into a delicate balancing act over whether to hike rates again. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai. View sources & latest…

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