Fed Holds Rates as Inflation Remains High | Texas News

The Fed holds steady on rates again, keeping borrowing costs high as inflation cools but remains above target. With three straight rate-hold decisions, they’re staying cautious, citing resilient job growth and low unemployment. While this means no relief for mortgages or car loans anytime soon, it signals a deliberate strategy to avoid reigniting inflation. Officials project three cuts next year—but that’s just a forecast. The Fed’s watching inflation and employment closely, making this a tense waiting game as they balance controlling prices without triggering a 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/42502ce1b0ad83bc