Latest / Texas News Today | 2 Min News | The Daily News Now!
Fed Holds Rates as Inflation Cools | Texas News
The Fed just paused its rate-hiking campaign, keeping interest rates steady at 5.25%–5.5%, signaling a cautious wait as inflation cools but still overshoots its 2% target. With the economy feeling the ripple effects on loans and mortgages, policymakers are holding firm—waiting for clearer signs of price stability before considering cuts. Next up: July’s meeting, where employment and spending data will be key. For now, patience is the policy. 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…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.