Fed Raises Rates in First Major Step by Warsh to Contain Inflation
The Federal Reserve’s first increase to interest rates since July 2023 comes less than two months before the midterm elections.
Takeaways From the Fed’s Decision to Raise Interest Rates
Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’
How the Fed’s Interest Rate Increase Affects Your Finances
The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision
This month, the president threatened to halt a broad swath of trade if interest rates were not cut, once again putting pressure on the independent central bank.
Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force
Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.
Bessent Defends Faltering Bond Market Intervention
Testifying before Congress, the Treasury secretary said that he supported giving Americans $5,000 dividends if Republicans win in November.
Want to Entice New Residents? Offer Cash, for a Start.
Relocation incentives have a mixed record of helping cities and towns stand out as people return to rural America.
AARP Projects 2027 Social Security COLA at 3.6%
If the AARP’s projection holds, the cost-of-living adjustment would be the largest since 2023.
Elevated Inflation Keeps Pressure on Fed to Raise Rates
The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report.