19 Mar 2026 | 5 Mins Read
Federal Reserve holds interest rates as inflation forecast rises in 2026
Flipitmoney
The Federal Reserve kept interest rates steady at 3.5-3.75%, its second pause since three rate cuts last year. The FOMC voted 11-1 with Governor Stephen Miran dissenting in favour of a 25 basis point cut. The economy is expanding, but job gains have slowed and inflation remains elevated due to tensions in the Middle East and rising fuel prices. One rate cut is still projected in 2026 and 2027.