Fed Holds Rates as Inflation Slows

The Fed just paused its rate hikes for the third straight time, keeping rates steady at 5.25% to 5.5%, as inflation cools but still overshoots their 2% target. Officials are watching closely to see if past hikes are enough to tame prices without hurting growth. With everyday costs still biting consumers and businesses navigating shaky demand, this pause has major ripple effects—from mortgages to car loans. The Fed’s message? Stay tuned—they’re ready to raise rates again if inflation sticks around, and won’t cut rates until they see clear, sustained progress toward their goal. 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/9a01261fcad9727b