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Money Now
What's changing — and what it could mean for your money.
Money Now starts with current economic developments and asks the next question: what could this mean for ordinary household money?
Latest Money Now
- Mortgage Rates Just Rose Again. What Does That Change for Your Monthly Payment?The average 30-year fixed mortgage rose from 6.76% to 6.95% this week. Here’s what that change does to a monthly payment and why it does not move one-for-one with the Fed.
- The Fed Raised Rates. What Changes for Your Money Now?The Fed raised its target rate by a quarter of a percentage point to 3.75%–4.00%. Here's what may change first for credit cards, new loans, savings and mortgages, and what to watch next.
- Why Can't the Fed Just Lower Interest Rates?Lower rates can make borrowing cheaper. So why not keep cutting? Because easier credit can also keep demand — and price pressure — stronger, especially when inflation has not fully cooled.
- What Happens to Your Money If the Fed Raises Rates?When the Fed raises rates -- as it did on Sept. 16, 2026, to 3.75%–4.00% -- some borrowing may cost more, and savings yields may improve. Here's what may change and what usually doesn't.
- What Happens to Your Money If the Fed Cuts Rates?If the Fed cut rates in today's economy, some borrowing could get cheaper -- but savings yields may fall too, and higher prices may not cool on their own. Here's what may change, what usually doesn't, and why.
Money Now publishes timely explainers on rates, inflation, jobs, housing, markets, and consumer money.
New pieces will appear here as they publish.