America's Central Bank Expects One More Rise in Borrowing Costs

America's central bank, the Federal Reserve, expects one more rise in borrowing costs before end-2026, Reuters reported Sept. 16 after the Fed policy committee's Sept. 15-16 meeting. Its middle forecast in its economic outlook keeps its main rate at 4.1% for 2026 and 2027. Loans stay pricey longer; savings keep paying more.