#fomc
Federal Reserve raises rates to 3.75%-4% as inflation stays high
The Federal Reserve raised its benchmark rate to 3.75%-4.00% on September 16, 2026, its first increase since July 2023. Inflation remains above the 2% goal, while new Fed projections imply another quarter-point increase could follow before the end of this year. The Federal Reserve raised the target range for the federal funds rate by 0.25 percentage point on Wednesday, September 16, 2026, to 3.75%-4.00%. T
Federal Reserve raises rates to 3.75%-4% as inflation stays high
The Federal Reserve raised its benchmark rate to 3.75%-4.00% on September 16, 2026, its first increase since July 2023. Inflation remains above the 2% goal, while new Fed projections imply another quarter-point increase could follow before the end of this year. The Federal Reserve raised the target range for the federal funds rate by 0.25 percentage point on Wednesday, September 16, 2026, to 3.75%-4.00%. T
Trump criticizes Fed chair Powell over interest rates after FOMC decision
US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli
Trump criticizes Fed chair Powell over interest rates after FOMC decision
US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli









