#interest rates

The Frances Perkins Building in Washington, headquarters of the US Department of Labor and home of the Bureau of Labor Statistics, in 2017.

US job openings rose to 7.5 million in September, quits climbed by 321,000 and layoffs fell

Unfinished Boeing 777X fuselages at the Boeing Everett Factory in Washington state, in September 2025.

US factory activity speeds up to 55.5% in October, with input prices rising for a 25th straight month

The Marriner S. Eccles Building, the Federal Reserve's headquarters in Washington, D.C., in 2011.

Monetary policy

The Fed holds its rate at 3.75%-4% in a 10-2 vote, and both dissenters wanted an increase

The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C., headquarters of the Federal Reserve, photographed in 2011.

US inflation accelerates to 3.7% in September, with gasoline up 34.2% over the year

A gas station price board in Eugene, Oregon, photographed on September 26, 2026.

Gasoline rose 9.1% in September and pushed U.S. inflation to 3.7%, reviving bets on an October rate hike

The Herbert C. Hoover Building on Constitution Avenue in Washington, D.C., headquarters of the Department of Commerce, whose Bureau of Economic Analysis publishes the PCE price index. Photographed in 2024.

August inflation came in at 3.4%, and traders halved the odds of an October Fed increase

John C. Williams, president of the Federal Reserve Bank of New York, in an official portrait taken in 2018.

Monetary policy

The Fed's Williams sees one more hike this year, but "no need for urgency" after September's increase

A house for sale on Kevington Road in Eugene, Oregon, in 2017.

New-home sales climbed 6.4% in August to an annual rate of 684,000, and prices kept falling

The Frances Perkins Building in Washington, headquarters of the US Department of Labor, which publishes the weekly jobless claims report, in 2017.

Jobless claims fall to 196,000, the lowest since July, a day after the Fed raised rates

Federal Reserve Chair Kevin Warsh in his official portrait

Federal Reserve

Fed raises interest rates for the first time since 2023