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Fed Eyes Inflation Amid AI Surge | Odessa News
Fed Chair Warsh signals zero tolerance for stubborn inflation, praising recent cooling data—driven by cheaper gas and flat core inflation—but warns that AI-driven chip demand and Middle East tensions could derail progress. While year-over-year inflation dips to 3.5%, core inflation still lingers above target. Fed officials are split: some urge caution, others warn of imminent rate hikes if inflation rebounds. 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…
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