© 2026
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
🎧 We've wrapped up the on-air portion of WDIY's 2026 Spring Fund Drive — but there's still time to make a donation in support of your listening. Click here to give. 💚

Fed holds interest rates steady and hints at future rate hike

The Federal Reserve held its benchmark interest rate steady Wednesday, and hinted its next move could be a rate increase. The new Fed chairman vowed to bring inflation under control.

Copyright 2026 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.