US interest rates raised for first time in three years
- Posted on September 16, 2026
- By BBC News
- 1 Views
- 1 min read
In brief
The Federal Reserve's monetary policy committee has implemented a 25 basis point rate increase, bringing the benchmark federal funds rate to 3.75%-4.00%. This marks the first tightening cycle in the central bank's recent history, signaling continued efforts to combat inflationary pressures in the U.S. economy. The unanimous decision reflects the Fed's commitment to restoring price stability while carefully monitoring economic growth and employment indicators.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
US interest rates raised for first time in three years
The Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.
