Federal Reserve Holds Key Rate at Two-Decade High to Combat Inflation

The Federal Reserve has decided to keep interest rates steady amid ongoing inflation concerns, maintaining the benchmark rate at its highest level in over two decades. Fed Chair Jerome Powell emphasized a data-dependent approach, signaling that any future rate cuts would depend on sustained progress in controlling inflation without harming the labor market. Meanwhile, actors Leonardo DiCaprio and Benicio Del Toro recently appeared on the "New Heights" podcast hosted by NFL players Travis and Jason Kelce to promote their new film "One Battle After Another," directed by Paul Thomas Anderson. Both actors shared insights on their careers, with DiCaprio recounting being advised to change his name early on but ultimately retaining it thanks to his father's intervention, and Del Toro discussing his admiration for DiCaprio and the collaborative nature of working with Anderson. The podcast also featured lighthearted discussions about sports moments and personal anecdotes, blending entertainment and sports culture. These events highlight ongoing developments in economic policy and entertainment, reflecting broader societal interests.