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 the systems that move money, and the small design decisions inside them that quietly decide who gets served. She explains payment rails and credit scoring, covers federal rulemaking and the national record, and reads markets from release to close.
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…