Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging

New York Times - Sep 16, 2026

Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.

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Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth.

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If the Fed opts against raising interest rates on Wednesday, investors will probably increase their forecasts for inflation, injecting new turmoil into the government bond market.

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The number of shoplifting offences recorded in England and Wales in 2025-26 is still above pre-pandemic levels.

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The Hong Kong Special Administrative Region has unveiled its first five-year plan for economic and social development (2026-2030) on Wednesday.

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