Fed holds rates steady
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Inflation just jumped to its highest point since April 2023. Here's what that may mean for mortgage interest rates.
Nine of 19 officials who participate in Fed policy meetings penciled in at least one interest rate increase by year end, up from zero in March. It was Kevin Warsh’s first as Fed chair.
For the rest of 2026, models from forecasting companies like Trading Economics anticipate an inflation rate of about 3.5% through the middle of the year. After that, it may decline to around 3%.
Inflation hit its highest level in three years last month, according to fresh data released this week — but new Federal Reserve Chair Kevin Warsh wants the central bank to focus on different measures.
There’s been a lot of pressure on recently appointed Federal Reserve Chair Kevin Warsh to cut interest rates. But with inflation moving in the wrong direction, the obvious move during today’s Fed policy meeting was to leave rates unchanged at 3.
Interest rates and inflation have a huge influence on our household finances — find out how the latest changes could affect your mortgage, savings, and ene
Hiranmayi Srinivasan is a former Associate Editor for Investopedia. She covered personal finance topics such as budgeting, saving, investing, and economic news at Investopedia between 2021 and 2025, and has experience working in digital and broadcast newsrooms
The Bank of England voted 7-2 to hold its benchmark interest rate at 3.75%, and said it expects the Iran war’s lingering impact on energy prices to push up inflation further. An
