Episode
Fed Holds Rates as Inflation Lingers | Chicago News
- Published
- Sep 14, 2026
- Duration seconds
- 91
- Processing state
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- https://sources.thednn.ai/75157816fbb566b6
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Summary
The Fed holds steady on rates for the third straight meeting, keeping borrowing costs at 5.25%–5.5%, as inflation still lingers above their 2% target. With housing and business activity feeling the squeeze from high mortgage rates, the central bank is playing it safe—waiting for clearer signs of price stability before cutting rates. While one more hike remains possible this year, markets expect patience as the Fed watches job numbers and spending closely to steer the economy without triggering a downturn. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Sources: https://www.nbcchicago.com/news/local/mayor-brandon-johnson-formally-kicks-off-reelection-campaign/3988468/ More coverage & latest updates: https://sources.thednn.ai/75157816fbb566b6 Report issues to [email protected].