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Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut - AP News

Source: AP NewsSeptember 16, 2026 at 3:00 AM

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President Trump Job Approval

Approve37.4

Disapprove59.1

Disapprove +21.8

8 recent polls • through Oct 6 • updated Oct 11, 9:00 PM EDT

FavorableUnfavorableSpread

Republican Party42.451.3-8.9

Democratic Party51.941.8+10.1

Modeled estimate • proprietary Breakn News model • updated Oct 11, 9:00 PM EDT

Democrats46.9

Republicans39.9

Democrats +7.0

8 recent polls • through Oct 4 • updated Oct 11, 9:00 PM EDT

FavorableUnfavorableSpread

Donald Trump35.061.5-26.5

JD Vance36.554.0-17.5

Donald Trump: 2 polls through Aug 24 • JD Vance: 2 polls through Aug 24 • updated Oct 11, 9:00 PM EDT

Polling data: VoteHub • CC BY 4.0

Breakn News stores source polling and hourly calculated snapshots locally for historical analysis and fast retrieval.

Mortgage rates • Freddie Mac PMMS®

30-year fixed7.40%

15-year fixed6.73%

Mortgage rate data: Freddie Mac Primary Mortgage Market Survey®

Updates weekly