# Fed Holds Rates as Inflation Lingers | Chicago News

Page: https://stenobird.com/podcast/chicago-news-today-2-min-news-the-daily-news-now-7463314/fed-holds-rates-as-inflation-lingers-chicago-news
Text version: https://stenobird.com/podcast/chicago-news-today-2-min-news-the-daily-news-now-7463314/fed-holds-rates-as-inflation-lingers-chicago-news.md
Podcast: [Chicago News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/chicago-news-today-2-min-news-the-daily-news-now-7463314)
Published: 2026-09-14T00:56:01+00:00
Episode link: https://sources.thednn.ai/75157816fbb566b6
Audio file: https://api.fastcast.ai/audio/14858d1f-92c0-4bf3-9360-c9534553e4ad.mp3
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Duration seconds: 91

## Resource

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: advertise@thednn.ai 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 feedback@thednn.ai.

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