Fed Holds Rates as Inflation Lingers | Washington DC News

The Fed holds rates steady for the third straight time, keeping inflation in their sights as the economy teeters between growth and slowdown. While prices are easing from their peak, they’re still above the 2% target, and consumers feel the squeeze on essentials. The pause offers temporary relief, but the Fed’s warning: more hikes could still come if inflation doesn’t keep falling. Next update: December. Thank you to our sponsor Garrett Waller Performance: http://coaching.garrettwaller.com 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/9ad8b31a1f6434ab