Fed Not Done Fighting Inflation | US News

Fed official Warsh warns inflation’s cooling may be too early to celebrate, urging caution as the central bank must ensure prices head toward its 2% target—despite signs that higher rates aren’t yet chilling economic activity. While most expect a rate hold in September, some traders bet on a hike by December. Inflation remains stubbornly high at 3.7%, and President Trump’s push for lower rates continues, even targeting Fed Governor Lisa Cook for removal to reshape policy direction. 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/e3d7147bc65b167c