The Federal Reserve held interest rates steady on Wednesday as the economy weathers its highest inflation in three years.
The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday.
Meanwhile, the U.S. economy is mired in uncertainty. Hiring has slowed sharply, while inflation remains stubbornly high.
Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's tariff policy intensified. The reading matched economists' expectations.
Home buyers are finding themselves in a dilemma: Should they buy now or wait? Many people are deciding on the latter, but that may not be the best strategy for everyone.
Eight months have elapsed since the Fed last adjusted interest rates.