Finance News
What the Fed Signaled in June 2026: A Unanimous 3.50%-3.75% Hold
The FOMC held the target range at 3.50%-3.75% on June 17, 2026 with a 12-0 vote, and the median SEP projection puts the year-end rate at 3.8%.
Author
Naomi Bergman
Naomi Bergman covers Finance News, Money News and National News.
Articles by Naomi Bergman
Finance News
Why Mortgage Rates Don't Follow the Fed: They Track the 10-Year
The Fed has held its range at 3.50%-3.75% since December 2025, yet the 30-year fixed rose from 6.16% to 6.53% by late May 2026 - because mortgage pricing runs…
Banking
Fifth Third Completes Comerica Merger and Builds the Ninth-Largest Bank
Fifth Third Bancorp closed its all-stock acquisition of Comerica on February 1, 2026, creating a bank holding roughly 294 billion dollars in assets.
Payments
How Virtual Cards Change Payment Controls for Business AP
Single-use PANs, ghost cards and issuer rebates are turning accounts payable from a check-writing cost center into a controlled, revenue-generating card…
Finance News
Q1 2026 Bank Earnings: JPMorgan Grows Net Interest Income 9%
JPMorgan's April 14, 2026 release showed net income of $16.5 billion, net interest income up 9% year over year to $25.5 billion, deposits up 7% and provisions…