Fed raises rates 25bp to 3.75%-4.00% in unanimous 12-0 vote, first hike since July 2023

The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%-4.00% on September 16, 2026, its first hike since July 2023, in a unanimous 12-0 vote. The FOMC said "inflation remains elevated" and the action will support a "timelier return" to the 2 percent goal; the median dot plot signals one more hike in 2026.

Detected & updated continuously · Source: Nebula