Inflation Report Could Shake Markets | Durham News
Inflation’s latest twist could shake markets: headline numbers may dip to 3.3% but gas prices surged 7%, pushing fuel to $4.28 a gallon. Core inflation might be cooling, but rising energy costs ripple through shipping, groceries, and chemicals — fueled by Middle East tensions. The Fed’s next rate decision hangs in the balance, split between hawkish and dovish voices. A tiny monthly core inflation shift — even fractions of a percent — could decide whether rates rise or stay put, making this report a make-or-break moment for your mortgage, stocks, and everyday spending.
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