World & National · Business & Economy · North America

Fed raises interest rates by quarter point to tackle inflation

The Federal Reserve raised interest rates by a quarter percentage point on Wednesday to try to tame inflation, raising the borrowing cost on a variety of business and consumer loans.

16 September 2026Live

Sources

The Washington Post. https://www.washingtonpost.com/business/2026/09/16/fed-raises-rates-steady-inflation-challenges-grow/

The Federal Reserve raised interest rates by a quarter percentage point on Wednesday to try to tame inflation, raising the borrowing cost on a variety of business and consumer loans.

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