LexRegPulse Daily - Sep 17, 2026
Morgan here. This is LexRegPulse Daily for Thursday, September 17, 2026.
The Federal Reserve raised its target rate a quarter point Wednesday, to 3.75 to 4 percent. It's the first increase since July 2023, ending the longest pause since 2008. The vote was 12 to 0 — the first unanimous decision since May 2025. And the Committee's own projections now show another hike before year-end, with no cuts through 2027. Chair Kevin Warsh called the economy strengthening. The Dow fell more than 800 points. The 10-year Treasury sits near 5 percent. For banks, the headline isn't the quarter point — it's…
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