Fed Holds Rates as Inflation Lingers | Miami News

The Fed holds rates steady for the third straight time, keeping them at 5.25%–5.5%, signaling they’re still watching inflation closely before acting. While inflation’s cooling, it’s still above their 2% target — a delicate balancing act to curb prices without triggering a recession. Homebuyers may breathe easier as mortgage rates aren’t expected to spike soon, while businesses eye borrowing costs impacting expansion. At least one more hike this year is still on the table — timing depends on data. The message? Caution, vigilance, and patience as the Fed pursues price stability. 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/7add05f75d173aa7