Fed Holds Rates as Inflation Persists | San Diego News

The Fed holds steady on rates again, keeping borrowing costs high as inflation remains stubbornly above target. With three straight decisions to pause rate cuts, consumers face continued pressure on loans and mortgages while the central bank watches for clearer signs of cooling prices. Patience is key — officials are closely monitoring jobs and inflation data, waiting for proof the economy’s cooling without tipping into recession. 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/f5063a0c2b3e7213