Fed Holds Rates Steady Amid Inflation Concerns | Philadelphia News

The Fed holds steady on rates again, keeping borrowing costs high to battle stubborn inflation — a move that’s good for price stability but bad for your mortgage or car loan. With no cuts in sight and cautious projections for next year, patience is the name of the game as the economy watches inflation cool but doesn’t yet qualify for relief. 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/57c02962af2db7a5