Inflation Signals Point to Fed Pause | Business and Finance News

Wholesale prices cooled slightly but surprised economists by rising more than expected—creating a mixed inflation picture that’s making the Fed lean toward pausing rate hikes in September. With consumers resisting higher prices and businesses struggling to pass on cost increases, inflation may be easing naturally. But some officials warn supply chains and AI demand could keep inflation stubbornly high, with the Fed’s key inflation gauge still to come later this month. 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/848b2dbeab026d7d