Fed Raises Interest Rates By 25 Basis Points

Biztoc.com - 16 September 2026

Fed Raises Interest Rates By 25 Basis Points

The Federal Reserve raised its benchmark interest rate by 25 basis points on Wednesday, moving the target range to 3.75% to 4.00% in its first rate increase since 2023. Fed Chair Kevin Warsh pointed to persistent inflation, with consumer prices rising 3.4% y…

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