“Not hiking could challenge the Fed’s credibility on inflation. But raising rates would go against his framework of looking through supply shocks. We think July is Warsh’s call as he has enough votes either way. He has strategic incentives to hike soon.”

DeepSeek is hiking prices: Under new pricing, peak hour costs for its V4 Pro will rose to 12 yuan (US$1.77) for every million output tokens from the standard rate of 6 yuan during non-peak time Doing this so fast after its 75% price cut in May signals major market share gains

TODAY: Donald Trump is hiking up costs for millions of student loan borrowers by killing SAVE. The typical borrower in a family of four will pay nearly $5,000 more each year under Trump’s new repayment plan. That’s Trump’s economy for you.