Fed Holds Rates at 3.5%–3.75%, Powell Says Economy on Firm Footing but Inflation Remains Elevated The Federal Open Market Committee held the federal funds target range at 3.5%–3.75%. Chair Powell said the economy started 2026 on a solid footing, noted labor-market signs of stabilization, and attributed much of the recent goods-price overshoot to tariffs.

The Fed is holding steady on interest rates while signaling that the economy is on solid ground, but inflation is still hanging around—what does this mean for the future?

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#US #LaborMarketStability #MonetaryPolicy #USEconomy #InflationTrends #CitizenPortal

Virginia unemployment claims normalize after pandemic with tax changes for businesses Unemployment claims in Virginia stabilize, reducing UI tax per employee for 2025.

Virginia's unemployment insurance system is about to get a financial boost for businesses as tax rates drop significantly in 2025, signaling a post-pandemic recovery.

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#VA #CitizenPortal #VirginiaUnemployment #LaborMarketStability #TaxReform #EconomicResilience