Americans’ expectations for inflation over the next year climbed to 3.9% in September, the highest reading since May 2023, while renters anticipated another acceleration in housing costs, according to new survey findings released Wednesday by the Federal Reserve Bank...
Most Federal Reserve policymakers expected another interest-rate increase would likely be warranted before the end of 2026, according to minutes released Wednesday from the central bank’s September 15–16 meeting. For an already strained housing market, the document...
U.S. employers added just 29,000 jobs in September, a sharp slowdown from August that pushed Treasury yields lower Friday morning and gave the mortgage market a measure of relief after this week’s surge in borrowing costs. The Bureau of Labor Statistics reported...
A federal judge has vacated two funding decisions made under former acting Consumer Financial Protection Bureau Director Russell Vought, rejecting the legal theory that Federal Reserve losses could eliminate the bureau’s statutory source of operating funds. Senior...
The Federal Reserve has approved Peoples Bancorp Inc.’s proposed $76.6 million acquisition of Citizens National Corporation, but the decision exposed a split over how the central bank is weighing competition in already concentrated local banking markets. The 29-page...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
