US Inflation Drops to 3.3%: Impact on Your Mortgage and Savings
March CPI printed at 3.3% vs 3.4% expected. The Fed may cut sooner. Here is what it means for your money.
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March CPI printed at 3.3% vs 3.4% expected. The Fed may cut sooner. Here is what it means for your money.
The Federal Reserve's FOMC meets March 17-18, 2026. With persistent inflation and oil near $96/barrel due to the Iran conflict, the Fed is widely expected to hold rates at 3.50%-3.75%. The updated dot plot on Wednesday the 18th will be the real market mover — here is what it means for your money.
Several Federal Reserve governors expressed caution over oil-driven inflation. Markets now price in just 1 rate cut in 2026 vs. 3 expected a month ago. Stagflation fears mount with productivity and unit labor costs both at +2.8%.
The producer price index (PPI) came in hotter than expected, complicating the Fed rate cut timeline. With rates at 3.50-3.75%, mortgages, credit cards, and loans remain expensive.
Federal Reserve Governor Lisa Cook warned that artificial intelligence could cause unemployment that even lowering interest rates cannot resolve.
The 30-year fixed mortgage rate in the US dropped to 5.76%, the lowest point of 2026. CDs offer up to 4% APY and high-yield savings up to 4% APY.
The 30-year fixed mortgage rate dropped to 6.01%, its lowest level in over 3 years. The 15-year rate fell to 5.35%. The best time to buy or refinance since 2022.
Top high-yield savings accounts pay up to 5% APY while the national average is 0.39%. With the Fed on pause, high rates will stick around.
The Federal Reserve released its January meeting minutes revealing a split decision to hold rates. Two members voted to cut. Here is what it means for your wallet.
US national debt will hit 108% of GDP by 2030 per CBO. Interest payments double to $2.1 trillion. Here's how it affects your finances.
Mexico's Banxico is expected to hold its benchmark rate at 7% through 2026. What it means for borrowers, savers, and investors.