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The Federal Reserve raised interest rates for the first time in three years in a unanimous decision on Wednesday, with central bankers now seeing a second hike this year to arrest sticky inflation.

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WASHINGTON, DC - JUNE 17: Federal Reserve Chair Kevin Warsh looks on during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC. Warsh was appointed ...

The Federal Reserve is expected to raise the federal funds rate by one-quarter percentage point at the conclusion of its meeting on Sept. 16. A rate hike would push the prime rate up, increasing ...

Citing concerns about persistent inflation, Federal Reserve officials voted unanimously on Wednesday to raise the bank's benchmark interest rate by a quarter of a percentage point, to a range between ...

Sept. 16 (UPI) --The Federal Open Market Committee on Wednesday voted unanimously to raise interest rates by a quarter percentage point, the first increase since 2023. This change raised benchmark ...

WASHINGTON—The Federal Reserve raised interest rates Wednesday for the first time in three years, a sharp reversal that began taking back cuts it made last year and implicitly undercut the White House ...

The Federal Reserve just did something it hasn't done since 2023: it raised interest rates. At the end of its Sept. 16 meeting, it hiked its target federal funds rate by a quarter point, moving the ...

Borrowing is likely to get more expensive for Americans, and soon, according to economists. The Federal Reserve is expected to raise its benchmark interest rate on Wednesday for the first time in more ...

Before joining Investopedia, David Marino-Nachison was an editor at The Wall Street Journal focused mainly on daily markets and investing news. He also worked on The Journal’s publishing desk; as a ...

As expected, the Federal Reserve raised the federal funds rate at its Sept. 16 meeting, moving the benchmark 25 basis points to a range of 3.75% to 4.00%. It's the first hike since July 2023, when the ...