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Inflation Drops But Fed’s Not Done | Durham News
Inflation just took a big dip in June, falling to 3.4% — a sign the Fed might skip its July rate hike. But don’t celebrate yet: stubborn prices, volatile oil, AI-driven costs, and looming tariffs still keep the central bank on high alert. Investors are cheering, consumers are sighing, but the Fed’s balancing act between price stability and job growth remains razor-thin. With global uncertainty — especially in the Middle East — and longer-term inflation risks, the Fed’s pause is temporary. More good data is needed before they’re done hiking later this year. Listen in comfort:Get a discount on…
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