Fed Holds Rates Steady as Inflation Keeps Hitting Wallets

Source: blackchronicle.com · Published: 2026-08-01

<img post-id="111577" fifu-featured="1" src="https://i2.wp.com/aurn.com/cdn-cgi/image/format=auto,quality=85,onerror=redirect/wp-content/uploads/2026/07/ap26210732326152-2.jpg?ssl=1" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Fed Holds Rates Steady as Inflation Keeps Hitting Wallets" title="Fed Holds Rates Steady as Inflation Keeps Hitting Wallets" title="Fed Holds Rates Steady as Inflation Keeps Hitting Wallets" decoding="async" /> (AURN News) — Interest rates will not change, and it could mean you will continue to pay more. The Federal Reserve voted 9-3 Wednesday to hold its benchmark interest rate between 3.5% and 3.75%. The Fed’s target on inflation is 2%, but inflation has remained above that mark for several years now. The three Federal […] The post <a href="https://blackchronicle.com/national/fed-holds-rates-steady-as-inflation-keeps-hitting-wallets/">Fed Holds Rates Steady as Inflation Keeps Hitting Wallets</a> appeared first on <a href="https://blackchronicle.com">The Black Chronicle</a>.