Business · 17 March 2026
Fed Likely Won't Cut Rates Before September
People struggling with higher loan costs for car and home purchases will likely see relief further delayed. The Iran war has altered the Federal Reserve’s economic outlook, meaning officials expect to delay interest rate reductions this year. Many economists now predict the first reduction won't occur until September, following January's 3.1% core price increase.
Reported by Santa Rosa Press Democrat · How we write briefs