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German Vice Chancellor Klingbeil said authorities want to provide consumer relief from high oil prices, including by imposing a windfall tax, and that a related proposals will be tabled soon.

2026-09-17

German Vice Chancellor Klingbeil said authorities want to provide consumer relief from high oil prices, including by imposing a windfall tax, and that a related proposals will be tabled soon.

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2026-09-17

Fed chair Kevin Warsh said today's work and ongoing efforts are focused on ensuring price stability so that sustainable growth can continue.

Fed chair Kevin Warsh said today's work and ongoing efforts are focused on ensuring price stability so that sustainable growth can continue.
2026-09-18

Freddie Mac said Thursday the average 30-year fixed mortgage rate rose to 6.95% from 6.76% a week earlier, the highest level since January 2025 and up from 6.26% a year ago. The increase follows the Fed’s 25bp rate hike on Wednesday and bolsters mark

Freddie Mac said Thursday the average 30-year fixed mortgage rate rose to 6.95% from 6.76% a week earlier, the highest level since January 2025 and up from 6.26% a year ago. The increase follows the Fed’s 25bp rate hike on Wednesday and bolsters market expectations that borrowing costs may not fall in the near term, hitting prospective buyers who had expected relief in 2026. Intercontinental Exchange estimates mortgage payments on a dlr440,000 home now consume 31% of median household income, the most since July 2025. NAHB builder confidence plunged to a one-year low this month. The Trump administration is attempting to support housing via bond purchases and deregulation, but a rapid market recovery appears increasingly unlikely.
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