Fed Holds Rates as Economy Waits | Orange County News

The Fed just held rates steady for the third straight time, keeping them at 5.25% to 5.5%, signaling caution as inflation cools but remains above target. With the economy on edge, businesses and consumers brace for unchanged borrowing costs, while officials stress they’re waiting for clearer data before even considering cuts—possibly not until next year. It’s a tense pause, giving everyone a breather before the next big move. 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/9bac0068d7ef29bb