{"id":867939,"date":"2026-10-02T06:14:16","date_gmt":"2026-10-02T06:14:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/867939\/"},"modified":"2026-10-02T06:14:16","modified_gmt":"2026-10-02T06:14:16","slug":"how-are-higher-interest-rates-and-rising-prices-affecting-you-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/867939\/","title":{"rendered":"How are higher interest rates and rising prices affecting you?"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Last month, the Federal Reserve <a href=\"https:\/\/www.cnn.com\/2026\/09\/16\/economy\/fed-rate-decision-september?cid=external-feeds_iluminar_yahoo\" data-ylk=\"slk:raised%20interest%20rates;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;raised interest rates&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">raised interest rates<\/a> for the first time in more than three years, as it tries to bring inflation under control. But higher rates make borrowing more expensive for consumers and businesses \u2014 one reason <a href=\"https:\/\/www.cnn.com\/2026\/10\/01\/economy\/how-to-get-a-lower-mortgage-rate?cid=external-feeds_iluminar_yahoo\" data-ylk=\"slk:mortgage%20rates%20have%20climbed;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;mortgage rates have climbed&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">mortgage rates have climbed<\/a> to a three-year high in recent weeks.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">It could take time before consumers see much relief from rising prices. And more rate hikes could be on the way, too.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If you&#8217;re feeling the squeeze both from higher prices and higher borrowing costs, we want to hear from you.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Please fill out the below form for possible inclusion in a CNN story.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">For more CNN news and newsletters create an account at <a href=\"http:\/\/www.cnn.com\/account\/register?source=external-feeds_iluminar&amp;cid=external-feeds_iluminar_yahoo&amp;registration_email_campaign=https:\/\/www.cnn.com\/newsletters\" data-ylk=\"slk:CNN.com;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;CNN.com&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">CNN.com<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"Last month, the Federal Reserve raised interest rates for the first time in more than three years, as&hellip;\n","protected":false},"author":2,"featured_media":867940,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101,2800,9007,5412,16536],"class_list":["post-867939","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-federal-reserve","tag-interest-rates","tag-mortgage-rates","tag-rising-prices"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/867939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=867939"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/867939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/867940"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=867939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=867939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=867939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}