Fed resists pressure to lower rates at July meeting
Despite increasing calls for cuts, Fed Chair Jerome Powell held steady on rates as inflation remains elevated, and he has made “no decisions about September.”
July 30, 2025
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- New Zillow tools aim to help buyers, improve agent workflowsThe five “summer launch” features include a drone-like view of listings, tour scheduling updates and other “magic wand” improvements for agents.July 14, 2025
- Mortgage rate uptick leaves summer market on standbyMortgage applications are up, but a rise in rates combined with job loss concerns and tariff uncertainty could kill the momentum.July 10, 2025
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