Fed Set to Hike Rates for First Time Since 2023 as Mortgage Demand Craters
The Fed is expected to raise rates a quarter point to fight 3.7% inflation, clashing with the White House, just as mortgage demand drops 19% and J.B. Hunt warns on earnings. Plus: US household income hits a record high even as poverty falls. In this episode: • Federal Reserve expected to raise interest rates for first time in 3 years — https://www.cnbc.com/2026/09/16/bizarre-volatility-bet-in-the-options-pits-is-a-head-scratcher-ahead-of-fed-rate-decision.html • US household income hits record high in 2025 while poverty falls —…
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