From mortgages to auto loans to credit cards, borrowing is set to get even pricier. The Federal Reserve's decision on September 16, 2026, to hike its baseline interest rate also highlighted an increasingly confounding dilemma:
From mortgages to auto loans to credit cards, borrowing is set to get even pricier.
September 16, 2026, to hike its baseline interest rate also highlighted an increasingly confounding dilemma:
It can raise the price of money across the economy, but it can't determine which sectors are most affected.
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From mortgages to auto loans to credit cards, borrowing is set to get even pricier. The Federal Reserve's decision on September 16, 2026, to hike its baseline interest rate also highlighted an increasingly confounding dilemma: It can raise the price of money across the economy, but it can't determine which sectors are most affected.
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