https://www.live-feeds.com/feed/us-consumers-and-businesses-are-now-facing-a-future-of-more-expensive-borrowingContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-consumers-and-businesses-are-now-facing-a-future-of-more-expensive-borrowinghttps://www.live-feeds.com/feed/us-consumers-and-businesses-are-now-facing-a-future-of-more-expensive-borrowing#u74868Fri, 18 Sep 2026 16:45:44 +0000US consumers and businesses face higher borrowing costs for mortgages, auto loans, and credit cards after the Federal Reserve raised its baseline interest rate on September 16, 2026. While the Fed can increase the price of money across the economy, it cannot control which specific sectors suffer the most impact. This shift occurs amid a volatile bond market characterized by soaring yields, towering debts, and gaping deficits. Some analysts suggest high yields may be the new normal, while others believe they could decline as rapidly as they climbed.Why it mattersThe Federal Reserve uses interes