The Federal Reserve raised interest rates on September 16, 2026, for the first time in several years due to persistent inflation. The Federal Open Market Committee (FOMC), led by Chair Kevin Warsh, voted unanimously to increase the federal funds rate to a range of 3.75 percent to 4 percent. This decision reflects the central bank's ongoing efforts to manage inflationary pressures in the economy.
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Federal Reserve Increases Interest Rates by 0.25%
On September 16, 2026, the Federal Reserve raised interest rates by 0.25%, marking the first increase in several years. The decision was made unanimously by the Federal Open Market Committee, chaired by Kevin Warsh, in response to ongoing inflation concerns.
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Fed hikes interest rates by quarter-point
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Federal Reserve Increases Interest Rates by 0.25%