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Fed Holds Rates Steady Despite Lack of Progress on Inflation

28 October 2026 at 21:27
Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.

© Athit Perawongmetha/Reuters

Kevin Warsh, the Fed chairman last week said that more had to be done to tame inflation.

The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.

28 October 2026 at 09:05
The central bank is widely expected to hold interest rates steady on Wednesday, just days before the midterm elections.

© Al Drago for The New York Times

The Federal Reserve is expected to press pause on raising interest rates after delivering a rate increase last month for the first time since 2023.

A Punishing Housing Market Is Squeezing Renters

28 October 2026 at 09:05
Higher mortgage rates and slowing residential construction are again giving landlords the upper hand.

© Grant Hindsley for The New York Times

Higher mortgage rates are pushing aspiring homeowners to keep renting, intensifying competition in the rental market.

Italy’s Young Protesters Return to the Streets

25 October 2026 at 01:26
Fed up with the political establishment and rising cost of living, demonstrators hoped to make their message heard after violence overshadowed protests last weekend.

© Yara Nardi/Reuters

Young people protested the rising cost of living in Milan on Saturday, a week after similar demonstrations in cities across northern Italy ended in violent clashes and looting.

Why Many Voters Are Unhappy With the Economy

With the midterms approaching, the economy is a top concern for voters. Our chief economic correspondent, Ben Casselman, describes which aspects of the economy have voters so frustrated.

Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas

22 October 2026 at 17:26
The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.

© Celeste Noche for The New York Times

Sellers are reconsidering market conditions and repricing their homes, which can give buyers an opening.
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