How to Manage Borrowings and Investment Funds as of October 2026
Where rates stand right now The Fed: On September 16, the FOMC raised the federal funds rate a quarter point to 3.75%–4.00%, the first hike since July 2023 and the first under Chair Kevin Warsh, on a 12–0 vote. Warsh said the labor market was healthy but inflation had stayed above target for more than…