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Fed’s Tightrope Walk on Inflation | Tulsa News
The Fed’s patience is wearing thin as inflation stubbornly clings above its 2% target, with key data on growth and core inflation looming. While rates are expected to hold steady this week, markets are already betting on a hike by September — signaling growing urgency. Geopolitical chaos in Iran is fueling oil spikes and complicating the Fed’s calculus, while mixed signals from the economy — cooling rents and falling gas prices versus AI-driven demand and tariffs — leave policymakers in a tight spot. Top Fed voices now warn that waiting isn’t an option — action may be needed to rein in…
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