The Fed released its September economic projections on September 16, 2026. Two weeks later, Minneapolis Fed President Neel Kashkari said inflation is still too high despite a cooler PCE reading.

Fed Chair Kevin Warsh used his first Jackson Hole keynote to warn that inflation remains above target while offering little guidance on when interest rates could fall. Here’s what his “quieter Fed” approach could mean for mortgages, HELOCs, credit cards, and household borrowing costs.

The Federal Reserve chose to leave interest rates unchanged this week, but that doesn't necessarily mean borrowing is becoming more affordable.