
The US 30-year fixed mortgage rate stood at 7.40% in the week ending October 15, 2026, unchanged on the week and the highest since November 2023, four weeks after the Federal Reserve’s first rate increase of 2026. The increase was not the cause: fixed mortgages track the 10-year Treasury yield plus a spread, not the…

May core PCE hit a two-year high and made a 2026 Fed rate hike the base case. The Fed raised rates in September. What it means for US savers and borrowers.

May’s +172,000 jobs report flipped the market from pricing Federal Reserve rate cuts to pricing a hike. Here is what Kevin Warsh’s first FOMC meeting on 16-17 June means for US savers, borrowers, and retirees, and why the Fed’s balance sheet matters as much as the rate.

UK inflation fell to 2.8% in April 2026 while US inflation hit 3.8% the same month, opposite directions and opposite policy implications. We unpack the divergence, the Bank of England’s 18 June decision, the Federal Reserve’s 16-17 June outlook, and what it means for mortgages, savings and pension drawdown on both sides of the Atlantic.
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