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THE ECONOMY & MAIN STREET

In 74 years of asking the same question, this is only the second-worst answer ever recorded

Sep 17, 2026

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1 min read

In 74 years of asking the same question, this is only the second-worst answer ever recorded

The Fed looked at this number yesterday and raised rates anyway.

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THE ECONOMY & MAIN STREET

$377 in extra interest a year — that's the price of one Fed hiking cycle

Sep 16, 2026

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1 min read

$377 in extra interest a year — that's the price of one Fed hiking cycle

On the $6,610 average American balance, a 5.7-point APR jump lands exactly there in pure interest — before today's hike even hits

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MONEY & MARKETS

The prior five years cost $9,430. These five cost $21,911

Sep 15, 2026

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1 min read

The prior five years cost $9,430. These five cost $21,911

That is more than double the damage of the entire 2016–2021 stretch, in roughly the same number of years.

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