Hurricane Erin has been downgraded from a Category 4 to a powerful Category 3 storm — but it’s still packing a serious punch. With 125 mph winds and dangerous swells impacting the Caribbean, this storm is far from over.

Hurricane Erin won't make landfall on the Outer Banks but is projected to produce dangerous rip currents along the beaches.

Hurricane Erin has been downgraded to a Category 3 hurricane but is gaining in size and raising the risk of life-threatening surf later this week along the U.S. Eastern seaboard.