Wholesale Inflation Slows, Fed Watches | Wilmington News

Wholesale inflation cooled last month, offering a welcome reprieve as prices businesses pay stayed flat month-to-month and annual inflation dipped to 4.7%. Core prices, excluding food and energy, also eased, hinting at potential relief for consumers. But with wages lagging behind rising costs, households face tough choices. Gas prices dipped then rebounded, adding uncertainty. The Fed now has more breathing room as they weigh whether to hike rates again—or let inflation cool naturally amid signs of economic weakness. 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/0374aa9a54432f13