A level is where a number stands. A change is the difference from a prior date you have named. 'Rates are high' is a level statement, and it borrows a standard of highness from memory. 'The target range was unchanged' is a change statement, and it can be checked against the last statement.
Both belong in a newspaper. They should not be substituted for each other. A hold at a restrictive level is different news from a hike, and different again from a cut that leaves the level above some older era. The lede has to pick which fact it is reporting.