Inflation Cooling But Economy Still Tense | Los Angeles 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 Los Angeles News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews Inflation’s cooling trend offers a glimmer of hope, but the global economy is far from stable. Central banks’ aggressive rate hikes are finally slowing spending and investment, putting pressure on households and businesses alike. While some economists warn of a mild recession, others cling to the dream of a soft landing — and everyone’s watching to see if the brakes can be applied without crashing. 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/ad9cb281a9c07daf