AIFortuneabout 3 hours ago
Perfect Storm of Inflation Pressures Persists
5 min read
A 'Godzilla' El Niño, AI boom, Trump tariffs, fuel crunch, and the Ukraine war are keeping inflation high. The U.S. Treasury borrows $155 billion monthly and pays $24 billion weekly in interest. Investors see 85% odds of at least one Fed rate hike by year-end, with a nearly 50% chance of two or more.
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