Inflation Brief Relief Amid Geopolitical Risk | San Antonio News

San Antonio News Today | 2 Min News | The Daily News Now! · Jul 15, 2026 · 1m

Wholesale prices dipped in June—thanks mostly to falling gas prices—offering a brief reprieve from inflation, but core prices still rose, signaling underlying heat. Meanwhile, a new U.S. blockade in the Strait of Hormuz is reigniting oil price spikes and fueling fears of a volatile future. Fed Chair Kevin Warsh made it clear: no tolerance for persistent inflation. With energy now the key driver, the outlook remains uncertain as global tensions threaten to push costs back up. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…