The economy is slowing, but inflation’s sticking around

<p>Monetary policymakers&#8217; fight against inflation has centered around hiking interest rates to cool off the economy, and today&#8217;s economic data shows just that — GDP growth slowed considerably last quarter. But core inflation, a measure of price rises among goods that aren&#8217;t as volatile, rose at the same time. We ask KPMG chief economist Diane Swonk what that means for the Fed&#8217;s inflation fight going forward. Plus, new studies show that popular melatonin gummies contained amounts of the hormone that differed significantly from what had been advertised. And, a look at Texas&#8217;s recent push to eliminate sales tax period products like tampons and pads.</p>