Event Brief
Fed raises rates by a quarter point, economist says
By The BriefBrief · Sources (20)
Filed: Sep 16, 2026 at 3:00 PM ET
UPDATED Sep 17, 2026 at 10:05 AM ET
Summary: The Federal Reserve raised interest rates by a quarter of a point, its first hike in three years. Economist Julia Coronado said the move is a “reassuring” sign the Fed is acting independently as elevated inflation pressures continue.
WHO: Julia Coronado
WHAT: The Federal Reserve raised interest rates by a quarter of a point for the first time in three years.
WHEN: Sep 16, 2026
WHERE: USA
WHY: The rate increase was presented as a response to elevated inflation pressures.
Sources (20):
ABC Australia,
Al Jazeera,
BBC News,
Bloomberg,
Brussels Signal,
CBS News,
CNBC Top News,
Dawn Pakistan,
Deutsche Welle,
Euronews,
Financial Times,
France 24,
MarketWatch,
NBC News,
New York Times,
PBS NewsHour,
Rio Times,
Tampa Free Press,
The Hindu,
Yonhap Korea
—
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