Fed Holds Rates Steady Amid Inflation Watch | Orange County News

The Fed holds rates steady for the third straight time, keeping borrowing costs high as inflation stubbornly lingers above target. While the economy remains strong with solid job growth and resilient activity, the central bank is watching closely—ready to hike again if inflation risks flare. Their revised forecast now calls for just three rate cuts next year, down from four, signaling a more cautious, data-driven approach. For now, mortgages and business loans stay expensive as the Fed prioritizes price stability over economic speed. 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/f2a23dfe451909c6