Fed Hesitates on Rate Hike Amid Inflation Fears | Lubbock News

Fed officials are still on edge as inflation stubbornly resists cooling, despite some temporary relief in gas prices. With tariffs and AI-driven spending pushing costs higher, the central bank considered another rate hike — and while Wall Street now expects a pause in September, a December move remains possible. Minutes reveal deep uncertainty, especially since core inflation — even without volatile energy and food — stays sticky, and the Fed’s key gauge continues to heat up. Meanwhile, the Treasury is stepping in to buy back long-term bonds, warning that rising rates could choke economic growth, especially as companies pour billions into AI. 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/dff900932ee28496