The Federal Reserve held its benchmark rate steady Wednesday as policymakers showed growing concern about persistent inflation. New projections marked a shift from March, with several officials now expecting at least one rate hike this year.

The Federal Reserve is expected to hold its key interest rate steady today as new Chair Kevin Warsh leads his first policy meeting. The Fed does not set mortgage rates directly, but its outlook can influence borrowing-cost expectations. If policymakers signal fewer rate cuts ahead, buyers may need to reassess budgets and timelines.

Florida TaxWatch expects the state to keep adding residents, a long-term signal for housing demand, inventory and local market needs.