Did the Fed Raise Interest Rates? Latest Federal Reserve Decision Explained
Did the Fed raise interest rates? Yes. The Federal Reserve raised its benchmark federal funds rate by 0.25 percentage point on September 16, 2026, moving the target range from 3.50%-3.75% to 3.75%-4.00%. The unanimous decision marked the first Fed rate increase since July 2023 and came as inflation remained above the central bank’s 2% goal. … Read more