Business

US Fed Raises Interest Rates Amid Economic Concerns

Updated 2026-09-16 18:55 UTC 1 source Neutral

The US Federal Reserve raised interest rates by 25 basis points, the first increase in three years. This move comes ahead of critical midterm elections and aims to address inflation concerns.

Coverage timeline — 1 article
Al Jazeera
The 25 basis-point hike is the first raise in three years and comes ahead of critical midterm elections in the US.
2026-09-16 18:03 UTC
Share: Twitter / X LinkedIn