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Fed Holds Rates as Inflation Slows | Philadelphia News
The Fed holds rates steady for the third straight time, keeping borrowing costs high as inflation cools but hasn’t hit their 2% target. While homeowners and borrowers breathe a little easier, no relief is on the horizon—and the central bank’s cautious stance is weighing on consumer confidence and business plans. They’re watching every data point, ready to act—but not rushing either way. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues…
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