federal reserve

August CPI Report: What the Latest Inflation Data Could Mean for Your Money

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The latest CPI report shows that inflation picked up again in August 2026. For households, the important question is not simply whether the Consumer Price Index went up. It is what the numbers could mean for grocery runs, gasoline costs, credit-card balances, savings accounts, mortgages, car loans, and investments. The Consumer Price Index rose 0.4% … Read more

Fed Rate Decision: What the Latest FOMC Interest Rate Hold Means for Your Mortgage, Savings, Credit Cards, and Investments

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The Federal Reserve kept its benchmark interest rate unchanged at its July 29, 2026 meeting. The target federal funds rate remains between 3.50% and 3.75%. A rate hold may sound like nothing changed. For households, however, it means borrowing costs are likely to remain relatively high for now. Credit card balances may stay expensive. Mortgage … Read more