# Fed Holds Rates as Inflation Persists

Page: https://stenobird.com/podcast/jersey-city-news-today-2-min-news-the-daily-news-now-7568828/fed-holds-rates-as-inflation-persists
Text version: https://stenobird.com/podcast/jersey-city-news-today-2-min-news-the-daily-news-now-7568828/fed-holds-rates-as-inflation-persists.md
Podcast: [Jersey City News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/jersey-city-news-today-2-min-news-the-daily-news-now-7568828)
Published: 2026-05-31T19:47:27+00:00
Episode link: https://api.fastcast.ai/audio/fd7f22f2-e733-466d-b8c9-c074f0399fb2.mp3
Audio file: https://api.fastcast.ai/audio/fd7f22f2-e733-466d-b8c9-c074f0399fb2.mp3
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Duration seconds: 88

## Resource

The Fed just paused its rate hikes for the third straight time, keeping borrowing costs steady at 5.25% to 5.5%, as inflation still lingers above their 2% target. While they’re seeing progress, officials warn victory isn’t yet in sight. Higher rates are squeezing homebuyers, car shoppers, and businesses alike, forcing a delicate balancing act. The Fed’s next move? Watchful waiting — future decisions hinge on inflation and job data. Their mission remains clear: cool inflation without crashing the economy. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/50894945806e0eb1

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