
Fed Holds Rates at 3.9% as Inflation Rises to 3.0%
Key Points
- The Federal Reserve keeps rates steady at 3.9% for 2025, whi...
The Federal Reserve just served up their latest dot plot like a chef who ran out of seasoning – bland, predictable, and leaving everyone wanting more flavor. With seven out of however-many-Fed-members-we-have-this-week voting to keep rates parked at 3.9% for the rest of 2025, it's clear that nobody's feeling particularly adventurous about monetary policy.
The numbers tell a story that's about as cheerful as a root canal: inflation jumped to 3.0% for headline and 3.1% for core PCE, which is Fed-speak for "remember when we thought inflation was dead? Well, surprise!" Meanwhile, GDP growth got a...
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