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Fed Holds Rates as Inflation Fight Continues | San Jose News
The Fed holds steady on interest rates for the third straight meeting, signaling continued caution as inflation cools but hasn’t hit their 2% target yet. Higher rates mean more expensive borrowing for consumers and businesses, slowing spending and hiring — exactly what the Fed wants to keep inflation in check. While future rate cuts are possible next year, they’re not guaranteed — every move will depend on real-time economic data. Patience is the message: the Fed’s inflation fight isn’t over, and they’re willing to keep rates high until the job is done. Listen in comfort:Get a discount on a…
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