Business

Federal Reserve Raises Interest Rates

Updated 2026-09-16 22:10 UTC 1 source Neutral

The Federal Reserve increased interest rates for the first time in three years, raising them to 3.75%-4%. This move aims to combat inflation and stabilize the economy.

Coverage timeline — 1 article
BBC News
The Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.
2026-09-16 21:02 UTC
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