Top Fed Official Hopeful for Continued Disinflation Without Economic Woes, But Cautions Oil Prices Could Disrupt

Chicago Fed president says recent slowdown in U.S. inflation is a trend, not a one-month blip. Hopes disinflation continues.

Top Fed official believes inflation can be curbed without economic hardship, but oil prices may disrupt progress.

Experts suggest Fed is nearly done with interest rate hikes as inflation approaches 2% target.

Government deficit spending heavily impacting mortgage rates this fall.

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