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Markets
Fed raises rates by 25 basis points in first hike since July 2023
In a decision that many economists and market participants had been anticipating for months, the Federal Reserve announced a 25‑basis‑point increase to its target range for the federal funds rate, marking the first adjustment since the summer of 2023. The new target band now sits between 3.75 percent and 4.00 percent, a modest but symbolically important step as the central bank continues its effo…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve lifts rates by 0.25 percentage point in its first increase since July 2023
On a crisp Wednesday morning, the Federal Reserve announced a modest but significant policy shift: a 25‑basis‑point increase to the federal funds rate, marking its first hike since the summer of 2023. This adjustment lifts the target range for the benchmark rate to 3.75 percent at the low end and 4.00 percent at the high end, aligning with the consensus forecast of economists and market participa…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve Increases Interest Rate by 25 Basis Points, First Adjustment Since July 2023
In a move that had been broadly forecast by economists and market participants alike, the United States Federal Reserve announced a 25‑basis‑point increase to its benchmark federal funds rate, marking the first tightening action since the July 2023 meeting. This adjustment lifts the target range for the fed funds rate to between 3.75 percent and 4.00 percent, a level that reflects the central ban…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve Increases Interest Rate by 0.25 Percentage Points in First Adjustment Since July 2023
The United States Federal Reserve announced a modest tightening of monetary policy on Thursday, raising its benchmark interest rate by a quarter of a percentage point – the first hike the central bank has implemented since the summer of 2023. This incremental increase brings the federal funds rate, the key short‑term interest rate that influences borrowing costs across the economy, into a new tar…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve hikes rates by 0.25 percentage point, first increase since July 2023
On a day that market participants had largely priced in a policy shift, the Federal Reserve announced a 25‑basis‑point increase to its benchmark interest rate, marking the first upward adjustment since the July 2023 meeting. The move lifts the target range for the federal funds rate to 3.75 percent at the lower bound and 4.00 percent at the upper bound, a level that reflects the central bank’s as…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve Increases Interest Rate by 25 Basis Points in First Adjustment Since July 2023
On a Tuesday that investors and market watchers had been closely monitoring, the United States Federal Reserve announced a 25‑basis‑point increase to its benchmark federal funds rate, marking the central bank’s first rate hike since the July 2023 meeting. The adjustment lifts the target range for the fed funds rate to 3.75 percent‑4.00 percent, a level that aligns with the broad consensus of econ…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve hikes rates by 0.25% in its first increase since July 2023
The United States Federal Reserve announced a modest yet significant adjustment to its monetary policy on Thursday, raising the target range for the federal funds rate by a quarter of a percentage point. This marks the central bank's first rate increase since the summer of 2023, a period that saw the Fed pause its tightening cycle amid mixed signals from the economy. By lifting the upper and lowe…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve lifts rates by a quarter-point in its first increase since July 2023
The United States Federal Reserve announced a 25‑basis‑point increase to its benchmark interest rate, marking the first tightening action taken since the July 2023 meeting. By moving the target range for the federal funds rate to 3.75 percent‑4.00 percent, the central bank signaled that it remains vigilant about inflation pressures while also trying to balance the need for sustainable economic gr…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve lifts rates by 0.25 percentage points in its first increase since July 2023
The United States Federal Reserve announced a modest but significant adjustment to its monetary policy on Tuesday, raising the target range for the federal funds rate by a quarter of a percentage point. This marks the first increase in the benchmark rate since the summer of 2023, specifically since the July meeting when the central bank last altered its stance. The new range now sits between 3.75…
Sept. 16, 2026, 5:54 p.m.
Markets
Federal Reserve Increases Interest Rate by 0.25 Percentage Points, Marking First Rise Since July 2023
On a day that financial markets and policymakers have been watching closely, the United States Federal Reserve announced a modest yet significant adjustment to its benchmark interest rate, lifting it by a quarter of a percentage point. This marks the first upward move in the federal funds rate since the summer of 2023, when the central bank last raised rates in July. The new target range for the …
Sept. 16, 2026, 5:54 p.m.