Fed Shocks Markets With First Rate Hike Since 2023 as Inflation Stays Stubborn
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The Federal Reserve has made a major move in U.S. monetary policy, raising interest rates by 25 basis points on September 16, 2026, as policymakers confront inflation that remains significantly above the Fed’s 2% target. The federal funds rate now stands at a target range of 3.75% to 4.00%, marking the first Federal Reserve rate hike since July 2023 and signaling a major shift in the interest-rate outlook for the U.S. economy.
This in-depth report examines the Federal Reserve’s latest interest rate decision, Chair Kevin Warsh’s economic outlook, persistent inflation, consumer…
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