business
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Federal Reserve Holds Rates, Trump Proposes Dulles Overhaul, Japan Earthquake Toll Rises
The Federal Reserve kept interest rates unchanged, though some officials favored an increase. President Trump introduced a $22 billion plan for Washington Dulles International Airport. Meanwhile, the earthquake death toll in Japan reached 18.
08/23/2026 · Mississippi edition
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Why it matters locally: The Federal Reserve's decision to hold interest rates steady has implications for borrowing costs for businesses and individuals in Mississippi, potentially influencing local economic activity.
WASHINGTON – The Federal Reserve maintained its current interest rates, according to an announcement Wednesday. Three Federal Reserve officials, however, voted to increase rates. Concerns regarding ongoing inflation and rising energy prices contributed to these differing opinions. Separately, President Trump unveiled a $22 billion proposal for the renovation of Washington Dulles International Airport. The proposal outlines a significant overhaul for the regional transportation hub. In international news, officials in Japan reported that the death toll from a recent earthquake has climbed to 18.Related Topics
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