The Federal Reserve left interest rates unchanged on Wednesday in a 10‑2 vote, signaling a pause in its recent cycle of monetary easing and pointing to signs that the labor market is stabilizing.
Federal Reserve officials are facing mounting scrutiny after new business survey data undercuts their justification for keeping interest rates elevated.
Mortgage relief arrived for homebuyers heading into 2026 as mortgage rates fell to their lowest level of 2025, offering a modest but notable shift after a year of elevated borrowing costs.