Fed Raises Interest Rates By 25 Basis Points

Biztoc.com - September 16, 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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