Fed Holds Rates as Inflation Cools

The Fed holds rates steady for the third straight time, keeping them at 5.25%–5.5%, as inflation cools but remains above target. Officials stress patience, waiting for clearer signs of price stability before considering cuts — a delicate balancing act to tame inflation without triggering a recession. Markets brace for more data, especially on jobs and spending, as the Fed stays focused on its mission, ready to act if the economy shifts. 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/6742582caa0cb075