CU Economists: Expect Steady Rates Despite Inflation 'Uptick'

Two credit union economists cite softer gains in core inflation in their belief the Fed will hold rates at the current level.

By Jim DuPlessis | September 13, 2023 at 03:00 PM

Image of interest rates and a house sitting at opposite ends of a balanced scale

Inflation gained steam in July as the cost of gasoline spiked, but credit union economists said Wednesday the Fed will see the softer gain in core prices as reason to stay put on interest rates.

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CU Economists: Expect Steady Rates Despite Inflation 'Uptick'

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