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Federal Reserve Chair Kevin Warsh said he expects two Fed meetings in 2028 will not include votes on interest rates.

2026-10-29

Federal Reserve Chair Kevin Warsh said he expects two Fed meetings in 2028 will not include votes on interest rates.

Other News
2026-10-29

Despite widespread market expectations that the Federal Reserve will keep key interest rates unchanged tonight, U.S. consumer loan rates have risen slightly since policymakers pushed for a rate hike last month. According to Mortgage News Daily (MND)

Despite widespread market expectations that the Federal Reserve will keep key interest rates unchanged tonight, U.S. consumer loan rates have risen slightly since policymakers pushed for a rate hike last month. According to Mortgage News Daily (MND) data, the average rate for a 30-year fixed mortgage is currently 7.33%, up from 7.12% last month. Mortgage rates are closely correlated with the 10-year Treasury yield, which is currently slightly below 5%. According to Bankrate data, the cost of home equity mortgages has also increased, currently at 8.77%, compared to 8.28% in September. Savings have gained a small amount over the past month since the Fed raised rates by 25 basis points in September. According to Haver data, the average annualized yield in the money market is currently 0.45%, up 1 basis point from last month. The annualized yield (APY) for five-year time deposit certificates is 1.83%, up 8 basis points from September.
2026-10-28

Germany Trade & Invest (GTAI) forecasts Germany’s 2026 trade deficit with 29 Asia‑Pacific economies will reach about €146bn ($163bn), a record; exports to the region is projected to fall 3.2% to €185.3bn while imports rise 6.4% to €330.9bn. Chancello

Germany Trade & Invest (GTAI) forecasts Germany’s 2026 trade deficit with 29 Asia‑Pacific economies will reach about €146bn ($163bn), a record; exports to the region is projected to fall 3.2% to €185.3bn while imports rise 6.4% to €330.9bn. Chancellor Merz is visiting Japan, South Korea and Singapore this week and urged mid-sized European and Asian powers to form strategic alliances on trade, technology and security.
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