Fed Holds Rates as Inflation Cools | Philadelphia News

The Fed just paused rate hikes for the third straight time, citing cooling inflation — but don’t expect a full stop. While they’re watching closely and haven’t hit their 2% target yet, this breather could ease pressure on homebuyers, borrowers, and savers. Future moves? Still possible if inflation doesn’t keep falling. Next update: December. 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/9d15c3c3215ed7b3