What holding rates unchanged means for you

Amid geopolitical turmoil, the Federal Reserve held interest rates steady at the conclusion of its policy meeting on Wednesday.  An energy shock and higher inflation expectations due to the war in Iran ruled out any possibility of an interest rate cut, analysts said. Since December, the federal funds rate has remained steady in a target range…

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PPI inflation February 2026:

Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices. The producer price index, a measure of pipeline costs that producers receive for their products, increased a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday. Excluding volatile food and energy…

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