EPISODE · Jun 21, 2026 · 1 MIN
Fed Holds Rates as Inflation Lingers
from Jersey City News Today | 2 Min News | The Daily News Now!
The Fed just paused its rate-hiking campaign, keeping interest rates steady at 5.25%–5.5% for the third straight time — a signal that inflation, though down from its peak, still lingers above their 2% target. With a resilient job market and rising borrowing costs squeezing consumers and businesses, this pause offers temporary relief but no guarantees. The Fed’s next move hinges on whether inflation stays in check — and if the economy can hold without triggering a downturn. The waiting game is on. 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/03b31b3e7026fbd9
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Fed Holds Rates as Inflation Lingers
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