Fed Hesitates as Inflation Stalls | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews The Fed may hold rates steady for now, but pressure is mounting to hike them soon as stubborn inflation—still above 2% for over five years—threatens to derail economic stability. Core inflation remains sticky at 3%+, fueled by geopolitical tensions driving up energy costs, AI-driven tech inflation, and looming tariffs. Fed Chair Kevin Warsh is sounding the alarm, declaring zero tolerance for price hikes and signaling growing impatience among officials. Yet, some signs of cooling—like slowing rent growth and falling gas prices—offer hope that inflation may be peaking. The catch? Warsh’s tough talk may be enough to contain inflation without raising rates, but the war in the Middle East has already spiked gas prices, complicating the Fed’s next move. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f9078f51272e70e3