Fed Holds Rates as Inflation Persists

The Fed holds rates steady for the third straight time, keeping them at 5.25%–5.5%, signaling caution as inflation remains above target and economic data stays strong. Borrowers face no relief on variable loans or credit cards, while savers may enjoy higher returns longer. Officials emphasize job growth and spending, hinting at patience before any rate cuts—and a strategy to avoid a soft landing without sparking new inflation. 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/0d028a20cb33acf8