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Fed Holds Rates Amid Inflation Watch | Washington DC News
The Fed holds steady on rates for now, keeping borrowing costs at 5.25%–5.5%, signaling they’re watching inflation closely but aren’t ready to cut yet. While inflation has cooled, it’s still above their 2% target — so they’re waiting for stronger evidence prices are falling before even thinking about easing. Economic signals remain mixed: some sectors thrive, others struggle under higher costs. Officials project three rate cuts next year — but that’s just a forecast, subject to change based on job data, spending, and other key indicators. For now, patience is the message: don’t expect big…
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