Fed Holds Rates Steady, But Another Hike May Be Coming

he Federal Reserve held interest rates steady for the seventh straight meeting, but the biggest news was the rare split among policymakers. Three Fed officials voted for a rate hike, signaling growing concern that inflation may remain stubborn. In this episode, Kathy Fettke breaks down what the Fed's latest decision means for inflation, mortgage rates, and why markets are increasingly expecting another rate hike before the end of the year. Plus, what real estate investors should be watching next.

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Source: https://www.nbcnews.com/business/economy/fed-meeting-interest-rate-decision-kevin-warsh-rcna589536