Inflation & Interest

The Fed raised rates 12-0 for the first time since 2023, with Chair Kevin Warsh defying the president who nominated him. Here's the full story behind the decision, the political tension surrounding it, and what the updated projections signal for the rest of the year.

August CPI rose to 3.4% annually as gas prices surged, pushing Fed rate hike odds toward 70% ahead of next week's meeting. Here's the full breakdown of what drove the increase and why the core rate tells a more mixed story.

Core PCE held at 3.3% in July, stuck above the Fed's target for a second straight month. Here's what the Fed's preferred inflation gauge shows, why it's plateaued, and what it means before September's meeting.

Mortgage rates hit a one-year high in September 2026, with the 30-year fixed at 6.71%-6.89% depending on the tracker. Here's what's driving the increase and whether rates could reach 7%.