Fed Holds Rates Amid Cooling Economy

The Fed just paused its rate hikes for the third straight time, keeping borrowing costs steady as the economy cools—but not crashing. Inflation’s falling, so they’re watching closely before moving again. Consumers and businesses breathe easier now, with mortgage and credit rates likely staying put. But don’t relax yet: the Fed’s still laser-focused on hitting their 2% inflation target, and future moves depend on job numbers and spending. This is a delicate balancing act—aiming for a soft landing without triggering a recession. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a1d535433615f9ef