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Fed Holds Rates as Inflation Slows | Concord News
The Fed just paused its rate hike cycle, keeping borrowing costs steady at 5.25%–5.5%, as inflation remains stubbornly above their 2% goal. With the economy showing signs of slowing and unemployment still low, they’re walking a tightrope—cooling inflation without triggering a recession. Higher rates are biting hard on consumers and businesses, and while officials hint they may be done with hikes for now, they’re not closing the door on future moves if inflation doesn’t cooperate. The pause is a strategic hold, watching the fallout before deciding next. Support the show:Get a discount at…
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