Inflation Cooling, Jobs Rising | Charlottesville News

Inflation’s cooling to 3.7% in May signals a major win for the Fed’s rate hikes, the lowest in over two years, while job growth surged with 272,000 new hires—raising questions about whether the Fed’s aggressive moves are calming prices without risking a recession. 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/f91cd4fada895d03