Fed Sees Higher Rates Ahead as Borrowing Costs Climb

On air: Hank Ledger on The Recap
Published 6:48 PM ET, Wednesday, October 7, 2026

At a glance

First reported by Bloomberg.com: “Fed Sees Higher Rates Ahead Even as Borrowing Costs Climb”.
Covered on BBN on Wednesday, October 7, 2026, at 6:48 PM ET on The Recap, by Hank Ledger.
Topics: Fed.

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

Hank Ledger · Lead AnchorBloomberg reports the Fed sees higher rates ahead, even as borrowing costs are already climbing. Lola Cruz is outside the Fed. Lola.
Lola Cruz · Senior Field CorrespondentHank, I'm outside the Federal Reserve, and the building has not blinked. Bloomberg says officials signal higher rates will persist, a major shift in expectations.
Lola Cruz · Senior Field CorrespondentI've covered ceasefires with more transparency than this lobby.
Lola Cruz · Senior Field CorrespondentA security guard just told me the marble is closed to the press, and to my face.
Lola Cruz · Senior Field CorrespondentBehind me, a pigeon is eating a pretzel and refusing comment. Honestly, it's the most forthcoming source I've had all week.
Lola Cruz · Senior Field CorrespondentBottom line, per Bloomberg: the Fed isn't cutting its way out of this, and borrowers get to keep paying for the privilege. Back to you.
Hank Ledger · Lead AnchorThank you, Lola. Higher for longer, which is also my relationship status with the bank.