# Inflation Surges, Energy Costs Soar: Fed Holds Off Rate Cuts

Page: https://stenobird.com/podcast/canada-news-today-2-min-news-the-daily-news-now-7590263/inflation-surges-energy-costs-soar-fed-holds-off-rate-cuts
Text version: https://stenobird.com/podcast/canada-news-today-2-min-news-the-daily-news-now-7590263/inflation-surges-energy-costs-soar-fed-holds-off-rate-cuts.md
Podcast: [Canada News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/canada-news-today-2-min-news-the-daily-news-now-7590263)
Published: 2026-05-12T16:28:33+00:00
Episode link: https://api.fastcast.ai/audio/b3b19b67-b5bf-41c1-b229-4248fc55cf05.mp3
Audio file: https://api.fastcast.ai/audio/b3b19b67-b5bf-41c1-b229-4248fc55cf05.mp3
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Duration seconds: 81

## Resource

U.S. inflation surges to 3.8% in April 2025, driven by the Iran wars impact on energy costs. Gasoline prices soar 5.4% monthly, while core inflation remains relatively stable. Households and businesses feel the pinch, with Whirlpool reporting a 9% revenue drop. The Fed holds off on rate cuts, monitoring the situation as the Gulf of Hormuz shutdowns duration and potential impacts remain uncertain. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/0d958830e334a122

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