Fed Chair Kevin Warsh warned Congress inflation remains too high and rate hikes are likely, but that same day, June’s CPI showed a surprise drop—largest monthly decline since 2020—suggesting the Fed might pause. Markets initially sided with the data, betting against a July hike, but a sudden oil spike in early July reignited uncertainty, highlighting the tug-of-war between Fed rhetoric and shifting economic signals.
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.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
