Fed Holds Rates Amid Inflation Watch | San Jose News

The Fed holds steady on interest rates for the third straight meeting, signaling patience as inflation cools but recession fears linger. With a “soft landing” still the goal, businesses and consumers brace for uncertainty — mortgages, investments, and wallets all on edge. While rate cuts may come later this year, the Fed’s data-driven approach means no guarantees. The next move could reshape the economy for months. Listen in comfort:Get a discount on a Soli Pillow: http://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/fa4473e2c2e232b7