Country: US | Published: 2026-09-19
Markets face a fresh push and pull as Fed officials raised rates and signaled another hike, keeping borrowing costs near 7% on mortgages and weighing on affordability, while factor
Markets face a fresh push and pull as Fed officials raised rates and signaled another hike, keeping borrowing costs near 7% on mortgages and weighing on affordability, while factory output slipped in August amid rising costs. Geopolitics remains the other live wire, with Iran submitting conditions to end its war through Qatari mediation and oil shipments through Hormuz hitting a six-month high, easing some fuel pressure. Attention now turns to a weekend meeting between US and Chinese economic officials, a potential thaw in trade friction that could shape sentiment into next week.