Why the Fed Won't Cut Interest Rates Yet

The Federal Reserve voted to keep interest rates unchanged, leaving borrowing costs elevated for mortgages, auto loans, credit cards, and businesses across the country. In this episode of The States, Greg Bishop speaks with Everyday Economics co-host and economist Dr. Orphe Divounguy about why inflation remains stubborn, why expected rate cuts have disappeared, and why some Federal Reserve officials are now discussing possible rate hikes instead. The discussion also explores how tariffs, government deficit spending, energy prices, AI investments, and ongoing geopolitical conflicts continue to fuel inflation while increasing costs for American households and taxpayers. Watch to learn: Why the Federal Reserve held interest rates steady What higher interest rates mean for mortgages and credit cards How inflation affects everyday consumers Why government borrowing increases taxpayer costs What's next for the U.S. economy Subscribe for more coverage on government spending, economic policy, inflation, and the issues impacting taxpayers every day. #FederalReserve #InterestRates #Inflation #Economy #Taxpayer