NBC News Top Stories | Even if inflation cooled in June, experts say price pressure isn’t over by Steve Kopack AI generated summary, Read the full article for complete information. Even though the June consumer‑price index is expected to show a modest dip thanks to falling energy costs, economists warn that overall inflation will remain a persistent problem as price pressures shift from oil and gas to other sectors. After a brief post‑MOU slump, crude and gasoline prices have rebounded, while dwindling storage supplies threaten further spikes. At the same time, a rapid expansion of artificial‑intelligence data centers is driving a surge in demand for memory chips, prompting tech giants such as Apple, Microsoft and Google to raise product prices and fueling broader “price stickiness.” Core inflation—excluding food and energy—is barely easing, keeping the Federal Reserve on alert; officials say a hotter‑than‑expected reading could prompt another rate hike before the July 29 decision. Read more: https://www.nbcnews.com/business/economy/june-cpi-inflation-oil-prices-ai-rcna587311 #ChristopherWaller #Apple #Microsoft #Amazon #FederalReserve