America's inflation fight isn't overand the biggest drivers may not be coming from the Federal Reserve. In this episode of Everyday Economics, Greg Bishop sits down with PhD economist Orphe Divounguy to examine the four major inflation accelerators reshaping the U.S. economy: geopolitical conflict, tariffs, massive federal deficits, and the AI data center investment boom. The discussion explores how government borrowing, taxpayer-funded spending, energy prices, supply chain disruptions, and AI infrastructure investments are putting upward pressure on inflation and interest rates. They also explain why mortgage rates, credit card costs, and housing affordability remain major challenges for American families. If inflation expectations continue rising, the Federal Reserve may be forced to keep interest rates higher for longercreating lasting impacts for taxpayers, consumers, businesses, and the broader economy. In this video: The four biggest inflation accelerators Why the Fed may have to keep rates higher How federal deficits affect taxpayers The economic impact of tariffs AI data centers and inflation Why mortgage rates remain elevated Inflation expectations explained What it all means for your wallet If you enjoy independent reporting focused on government spending, public policy, and taxpayer impact, be sure to Like, Subscribe, and turn on notifications. #Inflation #FederalReserve #Economy #InterestRates #Taxpayer #Finance #DeficitSpending #AI #MortgageRates #EconomicNews
The decision to leave the benchmark interest rate in the 3.50% to 3.75% range drew dissents from three of the 12 policymakers, who "preferred" a quarter-percentage-point hike.
