MacroAug 13, 2026
Fed holds rates steady, signals patience as inflation cools
Reuters·5,820 views
The Federal Reserve kept its policy rate unchanged and struck a measured tone, saying it needs 'greater confidence' that disinflation is durable before easing.
In its latest statement the committee emphasized data-dependence, noting that while headline inflation has moderated, services prices remain sticky. Markets read the tone as mildly dovish, with the front end of the curve rallying modestly.
Read full story at Reuters
Discussion (3)
Measured tone but the front end clearly disagrees with the dots. Something has to give.
Services ex-housing is the whole ballgame. Everything else is a distraction right now.
Agreed — and that's exactly why I think the repricing risk is asymmetric here.