Inflation just hit a 4-year low. Don’t expect price relief to last even as trade wars die down. - MarketWatch
1. Inflation rate falls to 2.3%, lowest since February 2021. 2. Temporary inflation rise expected due to sustained tariffs, complicating Fed's decisions. 3. PCE index predicted to show modest increases amidst trade tensions. 4. Economists anticipate inflation exceeding 2.5% in upcoming months. 5. Fed rate cuts anticipated by September, but not guaranteed.