Two weeks ago the Fed’s next move was impossible to predict. On September 16, it stopped being unpredictable and raised rates for the first time in three years. Here’s what that means for your borrowing decisions before October 15.
A few months ago, the story was simple: the Fed held rates steady, and the tone in the room was calm. That calm is gone. Inflation is now running at 3.4%, still above the Fed’s 2% target. At the Fed’s last meeting in July, three regional bank presidents broke ranks and pushed for a rate … Read more
For most of 2026, the working assumption among small business owners has been simple: rates are high, but relief is coming. Cut a little, wait a little longer, and the financing environment gets easier. That assumption needs a second look. The Signal: A Third Straight Hold, and a Louder Argument for Hikes On July 29, … Read more
After two years of high interest rates and tight financial conditions, the U.S. economy is finally showing signs of relief. Inflation is cooling, consumption is stabilizing, and the Federal Reserve has opened the door to possible rate cuts later this year. At the same time, bookkeeping is undergoing a transformation. AI and automation are no … Read more