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EconomyFed Keeps Rates at 3.50–3.75%, Signals Possible Hike Later in 2026Mortgage & Housing30-Year Mortgage Rate Edges Up to 6.49% in Freddie Mac's Latest SurveyPersonal FinanceAmericans' Savings Rate Falls to 3.0% as May Spending Keeps Pace With EarningsInflationConsumer Prices Up 4.2% Year-Over-Year in May, Energy Costs Leading the ChargeBankingTop High-Yield Savings Accounts Now Pay 5.00% APY — Over 13x the National AverageEconomyFed Keeps Rates at 3.50–3.75%, Signals Possible Hike Later in 2026Mortgage & Housing30-Year Mortgage Rate Edges Up to 6.49% in Freddie Mac's Latest SurveyPersonal FinanceAmericans' Savings Rate Falls to 3.0% as May Spending Keeps Pace With EarningsInflationConsumer Prices Up 4.2% Year-Over-Year in May, Energy Costs Leading the ChargeBankingTop High-Yield Savings Accounts Now Pay 5.00% APY — Over 13x the National Average
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Today’s Lead Story
Sunday, June 28

Economy

Fed Keeps Rates at 3.50–3.75%, Signals Possible Hike Later in 2026

via Federal Reserve

The Federal Reserve left its benchmark rate at 3.50–3.75% at the June meeting, citing inflation still running above its 2% target. Close to half of committee members now project that a rate increase could come before year-end.

Why it matters

If the Fed raises rates again later in 2026, credit card interest and adjustable-rate loan costs will climb further, making now a good time to pay down high-interest debt.

See all today’s storiesRead source

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