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America In Focus: Fed officials eye higher rates; unemployment claims fall

The 30-year mortgage rate fell to 6.65%, while weekly jobless claims dropped to 206,000 and Fed officials signaled more tightening if inflation persists.

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas…

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Associated Press NewsAssociated Press News
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America In Focus: Fed officials eye higher rates; unemployment claims fall

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month showed.

·New York, United States
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Associated Press News broke the news in New York, United States on Saturday, August 22, 2026.
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