The Fed entered its communications blackout ahead of the July 28 to 29 meeting, with markets pricing about an 87% chance of a rate hold at 3.50% to 3.75% on July 29.

The U.S. national debt closed above $39.5 trillion for the first time on July 16, 2026, finishing at $39.519 trillion after adding $510 billion in 59 days.

The two-year Treasury yield fell to 4.13% after June CPI and PPI cooled, trimming the odds of a July Fed rate hike. Here is what lower yields mean for your money.

The June Producer Price Index fell 0.3% as gasoline sank 12%, the first monthly drop of 2026, sharpening the debate over the Fed's July rate decision.

June CPI fell 0.4%, the first monthly price decline since April 2020, cutting inflation to 3.5% and hardening the case for a Fed hold on July 28-29.

The Fed's dual mandate requires both maximum employment and 2 percent inflation. With core PCE at 3.4 percent and unemployment at 4.2 percent, the two goals now clash.

June CPI lands Tuesday, July 14 at 8:30 a.m. ET, the last major inflation reading before the July 28-29 FOMC. Here is what it means for rates, mortgages, and savings.

The Fed's first Monetary Policy Report under Chair Kevin Warsh vows to deliver price stability, revives a money supply section, and sets up his July testimony.

The Fed has held rates since December, yet the 30-year mortgage sits at 6.49%. Here is how a Fed decision travels through the 10-year Treasury and the spread to your loan.