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Fed Holds Rates as Inflation Slows | Concord News
The Fed just paused its rate hikes, keeping borrowing costs steady at 5.25%–5.5% for the third straight meeting — a cautious stance as inflation cools but hasn’t hit their 2% target. With mortgage and car loan rates stuck high, businesses feel the squeeze, and economists brace for a data-driven path ahead. Rate cuts may come next year — but only if the economy delivers clear signs of stability. For now, patience is key as the Fed tightens its grip on inflation without triggering a recession. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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