Event Brief
Fed raises interest rates to 3.75%-4.00%
By The BriefBrief · Sources (17)
Filed: Sep 16, 2026 at 4:00 PM ET
Summary: The Federal Reserve raised its policy interest rate by 0.25 percentage point to a range of 3.75% to 4.00% to address stubbornly high inflation. The unanimous Federal Open Market Committee vote cited “elevated” inflation and said the hike would support a “timelier return” to its 2% target.
WHO: Federal Reserve’s Federal Open Market Committee
WHAT: Raised the policy interest rate by 0.25 percentage point to 3.75%-4.00%
WHEN: Sep 16, 2026
WHERE: USA
WHY: To tackle stubbornly high inflation and support a “timelier return” to the 2% target.
Sources (17):
ABC Australia,
ABC News,
Al Jazeera,
Bloomberg,
CBS News,
CNBC Top News,
Deutsche Welle,
Euronews,
Financial Times,
NBC News,
Politico Europe,
South China Morning Post,
The Hindu,
WBIR 10News,
WFLA,
WTSP 10 Tampa Bay,
Yonhap Korea
—
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