Rejections rates for consumer loans credit cards, auto loans and mortgages are on the rise, according to a key economic survey.
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Franklin Templeton experts balance a higher-rate world and weigh midterm impacts
Professionals anticipate higher volatility in the near term, while examining the risks and opportunities amid rising interest rates, with a yearend view.
Fed will drop one interest rate vote next year; two in 2028
Federal Reserve Chair Kevin Warsh said the Federal Open Market Committee will continue to meet eight times a year, but one such meeting will not include an interest rate vote or an official policy statement.
Wall Street’s AI debt machine is starting to choke on supply
Yields are soaring into the double digits on bonds and loans funding the AI infrastructure buildout. Bankers are finding it more difficult to offload risk to insurers and other investors.
For Fed, politics impossible to avoid in pre-midterm FOMC
The Federal Open Market Committee's voting history heading into previous elections might shed light on how it approaches this week's decision.
Post-2022 loans drive 43% of foreclosure starts; act early
Loans originated in 2022 or later accounted for 43% of September's foreclosure starts and 49% of completed sales, according to the ICE's first look report.