Inflation Surges Amid Energy and AI Pressures

U.S. inflation just hit a three-year high at 4.2%, driven by soaring energy costs—gas prices alone jumped 7% in May, up 50% since January. Even excluding food and energy, core inflation remains at 2.9%, showing price pressures are spreading across housing, services, and beyond. Experts point to tariffs, energy disruptions, and AI infrastructure spending as fueling “three distinct inflation waves.” The Fed is closely monitoring the situation, warning that further rate hikes may be on the table if inflation doesn’t cool. Support the show:Get a discount at https://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/f65490817b7cf396