Reporting, analysis and commentary on Federal Reserve from Speedway Scene, drawn together from across our coverage.
Freddie Mac pegged the 30-year fixed mortgage at 6.43 percent for the week ending July 2, 2026, a seven-week low nudging buyers and sellers toward the mid-6 percent range as the new market baseline.
13.12 percent of credit card balances were 90 days or more past due in Q1 2026, the Federal Reserve Bank of New York reports, marking the steepest delinquency rate in roughly 15 years as subprime borrowers strain under 21 percent interest.
Fed Chair Kevin Warsh used his first global speech to declare prices too high, vowing to deliver 2% stability while declining to signal the July rate move, as markets price a 40% chance of a December hike.
Payrolls grew by just 57,000 in June, roughly half of Wall Street's forecast, and downward revisions erased 74,000 spring jobs, reviving Fed rate-cut bets even as unemployment slipped to 4.2 percent on a shrinking labor force.
This archive gathers Speedway Scene coverage of Federal Reserve, bringing together the reporting, analysis and commentary connected to the subject.
