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ECB Governing Council member Kocher said, when asked about the interest-rate outlook, the ECB will assess conditions at each meeting.

2026-09-24

ECB Governing Council member Kocher said, when asked about the interest-rate outlook, the ECB will assess conditions at each meeting.

Other News
2026-09-23

Fed Governor Barr said he supports last week's 25bp rate increase and that further tightening may be required to ensure inflation returns to the Fed's 2% target in a timely manner. He said risks to achieving the inflation goal have risen and, in his

Fed Governor Barr said he supports last week's 25bp rate increase and that further tightening may be required to ensure inflation returns to the Fed's 2% target in a timely manner. He said risks to achieving the inflation goal have risen and, in his baseline, additional policy adjustments could be necessary. Barr cited a series of shocks over the past 18 months—tariffs, the Middle East conflict, disruptions from Russia's war in Ukraine and a recent surge in investment to support AI infrastructure—as amplifying upward price pressures.
2026-09-23

U.S. mortgage rates hit their highest level in more than two years, adding pressure to a housing market already strained by high prices and weak sales. The Mortgage Bankers Association (MBA) said the contract rate on 30-year fixed mortgages rose 15 b

U.S. mortgage rates hit their highest level in more than two years, adding pressure to a housing market already strained by high prices and weak sales. The Mortgage Bankers Association (MBA) said the contract rate on 30-year fixed mortgages rose 15 bps in the week ended Sept. 18 to 7.12%, the highest since May 2024. The 5-year adjustable-rate mortgage rate fell 13 bps to 6.10%. Rates have trended higher since February after the Iran conflict pushed energy prices and reignited inflation concerns; the Fed last week delivered its first policy-rate increase since 2023. Mortgage demand weakened: the MBA purchase index fell 0.8% to a four-week low and the refinancing index dropped 2.6% to its weakest level since Feb. 2025. A sustained move above 7% could further damp housing demand.
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