Fed Holds Rates as Inflation Lingers | Newark News

The Fed holds steady on interest rates for now, keeping them between 5.25% and 5.5%, signaling continued caution as inflation cools but hasn’t hit their 2% target. With the job market strong but the full impact of past hikes still unfolding, they’re playing a waiting game — willing to keep rates high to crush inflation without tipping into recession. The decision hits consumers and businesses alike, raising costs and slowing growth, as all eyes watch this delicate economic tightrope walk. 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/3bda939af2ae7ac6