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The Federal Reserve raised interest rates by 0.25 percentage points on September 16 under new chair Kevin Warsh, aiming to address persistent inflation despite President Donald Trump's promises to lower prices. In Europe, France reported almost 8,000 excess deaths due to its hottest summer since 1900, with heatwaves causing significant public health issues. Canada applied to join the British-led Joint Expeditionary Force military coalition on September 16, seeking to diversify its defense partnerships away from the United States. A new study using satellite data found that Greenland and Antarctica lost a combined 11.3 trillion tonnes of ice between 1979 and 2023, contributing to global sea-level rise by 3.14cm.
Written by the local model on 2026-09-17,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
On September 16, 2023, the Federal Reserve is expected to raise interest rates by 25 basis points to a range between 3.75% and 4.00%, according to predictions from the CME Group's FedWatch tool which show a nearly 90% likelihood of this happening. This rate hike, aimed at curbing inflation that has remained above the Fed’s goal despite previous efforts, is likely to anger President Donald Trump who has repeatedly called for lower rates. Despite pressure from Trump and Vice President JD Vance, financial markets anticipate the central bank will act decisively due to high oil prices and ongoing geopolitical tensions in the Middle East pushing inflation levels up again. The decision comes amid concerns that higher borrowing costs could further strain an already stressed economy, particularly affecting home buyers and those seeking loans or credit cards.
Written for “Fed Interest Rate Hike” on 2026-09-17,
grounded in this article and the 19 other(s) covering the same event.
Why this leaning score
The article's own words the score was based on. Each is quoted
verbatim and was checked against the article text before being
stored, so you can find it in the original.
Leaning score +0.25 for article 14733 (high confidence, 2 verified quotes) · logged 2026-09-17
While You Were Sleeping: 5 stories you might have missed, Sept 17, 2026
US Fed hikes rates in search of ‘timelier’ drop in inflation
The Federal Reserve raised interest rates on Sept 16 and flagged further increases in borrowing costs in coming months, with new US central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration’s inability so far to control inflation.
uncertain
that → sleep → inflation
While US President Donald Trump had promised to lower prices on his watch, the combined impact of his global import tariffs, an energy shock following the start of the US-Israeli war with Iran, and capital spending from the artificial intelligence boom has kept price pressures intense enough that the Fed felt it needed to raise its benchmark overnight interest rate by ¼ of a percentage point to the 3.75 to 4 per cent range.
asserted
it → promise → range
New policy projections showed 16 of 18 policymakers anticipate at least one more quarter-percentage-point hike by the end of 2026, with only two of them seeing rates remaining stable from here.
asserted
rates → show → them
Warsh apparently again did not submit a rate projection.
asserted
Warsh → submit → projection
It is the first policy shift under the new Fed chief, who took office in late May after being selected by Trump with an expectation that he would cut rates.
uncertain
he → take → rates
Canada applies to join British-led military coalition
Canada, seeking to diversify its defence ties away from the United States, has formally applied to join the British-led Joint Expeditionary Force military coalition, Prime Minister Mark Carney’s office said on Sept 16.
asserted
office → apply → Sept
“Prime Minister Carney announced that Canada has formally applied to join the Joint Expeditionary Force and welcomed the UK’s support for Canada’s participation in this important initiative,” Carney’s office said in a statement.
asserted
office → announce → statement
Almost 8,000 excess deaths in France’s scorched summer, statistics show
The hottest summer in France since 1900 marked by a succession of record heatwaves resulted in almost 8,000 excess deaths, health authorities’ statistics published on Sept 16 showed.
asserted
statistics → scorch → Sept
The latest figure of 7,919 excess deaths from late May to Aug 20 is not final and could yet rise as the data from the final weeks of the summer comes in, the French public health authority said.
uncertain
authority → rise → summer
In comparison, the country reported 5,722 excess fatalities linked to high temperatures between June and mid-September in 2025.
asserted
country → report → 2025
Satellite data shows major ice losses for Greenland and Antarctica
New research based on satellite data going back to the 1970s has documented major polar ice losses in Greenland and Antarctica — home to Earth’s two great ice sheets — that have contributed to rising global sea levels.
asserted
that → show → levels
Between 1979 and 2023, according to data from 27 satellite missions, Greenland and Antarctica lost a combined 11.3 trillion tonnes of ice, adding 3.14cm to the worldwide sea-level rise.
uncertain
Greenland → accord → rise
The study, employing the longest satellite data record of changes in ice sheets ever gathered to give the most complete account to date of ice loss in Greenland and Antarctica, was conducted by the Ice Sheet Mass Balance Inter-comparison Exercise team, an international group of polar scientists.
asserted
study → employ → scientists
Manchester United misery mounts after League Cup collapse against Brighton
Manchester United’s problems mounted as they crashed out of the League Cup after blowing a two-goal lead in a stunning 3-2 defeat against Brighton on Sept 16.
Michael Carrick’s side slumped to their second successive home defeat following a wretched collapse in the third round at Old Trafford.
asserted
side → mount → Trafford
United led through goals from Shea Lacey and Mason Mount inside just 10 minutes.
asserted
United → lead → minutes