09/17/2026
New post:
Today (Sept. 16, 2026), the Fed raised its key short-term rate (the federal funds rate) by 0.25% to a target range of 3.75%–4.00%—its first hike since 2023—to fight elevated inflation.
Today (Sept. 16, 2026), the Fed raised its key short-term rate (the federal funds rate) by 0.25% to a target range of 3.75%–4.00%—its first hike since 2023—to fight elevated inflation.