Latest / Philadelphia News Today | 2 Min News | The Daily News Now!
Fed Holds Rates as Inflation Cools | Philadelphia News
The Fed just paused again—holding rates steady at 5.25% to 5.5%, a third straight no-hike as inflation cools but still lingers above their 2% target. No cuts in sight either, as officials stay cautious amid economic uncertainty and rising costs. They’re watching the data closely, ready to move only when trends clearly point toward stability. For now? Hold your breath—this pause is both relief and a waiting game. 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…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.