Economy/Business

Fed Interest Rate Hike

14 Sep to 21 Sep
21 outlets

Each outlet's article on this story, most articles first

56 articles
36 reporters
By day

Articles per day

14 Sep: 1 articles15 Sep: 3 articles16 Sep: 15 articles17 Sep: 27 articles18 Sep: 3 articles19 Sep: 4 articles20 Sep: 2 articles21 Sep: 1 articles14 Sep21 Sep
Save
Cite

Fed Interest Rate Hike. (2026, October 5). The Aporia. https://the-aporia.com/event/8902

Dated the day this page was built. The link always leads to this event, even after the stories are regrouped.

Sources (CSV) · Sources (JSON)

Photo via Washington ExaminerPhoto via Toronto StarPhoto via The Guardian

The US Federal Reserve has raised interest rates in the world's largest economy by 25 basis points to tackle stubbornly high inflation, a move sure to anger President Donald Trump, who has demanded lower rates.

Summary AI · cited

The Federal Reserve is expected to raise interest rates, with a nearly 90% likelihood as of Monday.1

According to the CME Group's FedWatch tool, there is a significant chance that the central bank will increase its benchmark interest rate by 25 basis points to a range between 3.75% and 4.00%.1

President Donald Trump demanded lower interest rates after the Federal Reserve raised its benchmark rate by a quarter percentage point.23

The Federal Open Market Committee voted unanimously to increase the benchmark federal funds rate to a range of 3.75 percent to 4 percent, citing elevated inflation and adding that the rate hike would support a timely return to its 2% target.4

Written by AI from articles by 5 outlets. Each sentence links to the articles it rests on, and was checked automatically: every name, number and quote must appear in the sentences it cites, or it is removed.

Sources cited (5)
  1. The Fed may raise interest rates this week. Here's where you should keep your money if that happens. CBS News, 14 Sep
  2. President Trump-splains economy to Fed in rant after first interest rate hike in 3 years The Independent, 16 Sep
  3. Trump says rates should be ‘1% or less’ after Fed hike The Straits Times, 16 Sep
  4. US Fed hikes interests rates to curb inflation in move likely to rile Trump ABC News (AU), 16 Sep
  5. Fed poised to clash with Trump Semafor, 15 Sep

What happened

The outlets' own sentences, most widely reported first. Hover or tap one to see who reported it.

In a social media post on Sept 16, Trump said that US rates “should be 1 per cent, or less” because “Our Country is BOOMING with new Investment” and has “the Best Credit in the World”.

6 of 21 outletsfirst reported 16 Sepwording from The Straits Times

“The plain fact is that inflation is too high and has been for too long,” Warsh said.

6 of 21 outletsfirst reported 16 Sepwording from The Straits Times

Fed members indicated on Wednesday that there would likely be another quarter-point increase this year and those rates would remain unchanged through 2027.

4 of 21 outletsfirst reported 16 Sepwording from Al Jazeera

“LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!” he concluded.

4 of 21 outletsfirst reported 16 Sepwording from The Straits Times

What each outlet says

One AI summary per outlet of its latest article on this story, written from that article alone and checked against it. Open the article for the outlet's own words.

CBS News17 Sep

On Thursday, the Federal Reserve increased the federal funds rate for the first time in over three years, raising it to a range between 3.75% and 4.00%. This hike is expected to result in higher interest rates for savers across various account types. The article recommends that savers act quickly by moving their accessible cash into high-yield savings accounts or certificates of deposit (CDs), emphasizing the…

3 savings moves to make post-Fed rate hike →15 articles from CBS News on this story
Washington Examiner21 Sep

The article discusses how the Federal Reserve raised interest rates despite high oil prices caused by geopolitical tensions in key Middle Eastern shipping lanes like the Strait of Hormuz and Bab el-Mandeb. It argues that this move will not address supply shortages but could harm economic growth, particularly for lower-income Americans who rely on stable job markets rather than asset returns. The piece suggests that…

Rate hikes can’t stop drone strikes: Why is the Fed punishing Americans for the Hormuz blockade? →5 articles from Washington Examiner on this story
The Straits Times17 Sep

On September 16, US President Donald Trump criticized the Federal Reserve for raising interest rates, demanding they be “1% or less” on his social media platform Truth Social. This came after Kevin Warsh, Trump’s appointee to lead the Fed, supported a rate hike at a press conference where he emphasized that inflation is too high and needs addressing. Despite Trump's criticism, he claimed to still have confidence in…

Trump lashes out at Fed after Warsh backs rate hike, says rates should be ‘1% or less’ →4 articles from The Straits Times on this story
ABC News (AU)16 Sep

US policymakers expect another interest rate hike by the end of the year following a 25 basis point increase by the Federal Reserve to curb inflation. Share markets were down overnight after the decision and are expected to drop locally as well. JP Morgan's chief economist, Bruce Kasman, predicts cumulative policy hikes totaling at least 75 basis points globally this year due to rising core inflation, tightening…

Live: US policymakers expect Fed to raise rates again this year →3 articles from ABC News (AU) on this story
New York Post17 Sep

Mortgage rates in the US have risen for a fourth consecutive week to just under 7%, according to Freddie Mac’s latest report released Thursday. This marks the highest rate since January 2023, with the average 30-year fixed-rate mortgage jumping from 6.76% last week to 6.95%. The increase reflects rising borrowing costs due to inflation and the Federal Reserve's recent interest rate hike, impacting homebuyers'…

Mortgage rates jump to nearly 7% after Fed rate hike — highest in nearly two years →3 articles from New York Post on this story
BBC17 Sep

The Federal Reserve increased US interest rates to a range of 3.75%-4% from 3.5%-3.75%, marking the first such rise in three years, aiming to control inflation. In a video segment, BBC reporter Samira Hussain discusses the reasons behind this rate hike and its implications for American consumers.

Watch: How will higher interest rates impact US consumers? →3 articles from BBC on this story
Show 14 more outlets
Dawn17 Sep

The US Federal Reserve has raised interest rates by 25 basis points for the first time in three years, primarily to address high inflation and rising oil prices. The decision’s potential impact on Pakistan includes increased external debt servicing costs and pressure on Pakistan's currency, according to financial analysts. Experts suggest that while Pakistan’s near-term financing is somewhat protected due to a…

What the US Fed hike could mean for Pakistan's economy →3 articles from Dawn on this story
The Guardian19 Sep

Kevin Warsh led the Federal Reserve to unanimously decide on a rate hike of three years, emphasizing the need to address persistently high inflation exceeding the Fed’s 2% target. Despite facing pressure from President Trump, who demanded lower rates and threatened trade measures unless the Fed complies, Warsh remained resolute in his decision-making during an election year. Financial markets reacted cautiously…

Kevin Warsh may be the adult in the room. But can he calm the US economy? →2 articles from The Guardian on this story
Semafor17 Sep

Markets rallied on Thursday after the US Federal Reserve raised interest rates as expected, with an analyst stating that this move reduced uncertainty. Despite criticizing the rate hike, President Donald Trump did not directly blame Fed Chair Kevin Warsh, whom he had appointed to replace Jerome Powell. Trump revealed he spoke with Warsh before the decision, leading some commentators to speculate about the central…

Trump backs Fed's Warsh following rate hike →2 articles from Semafor on this story
Global News17 Sep

The U.S. Federal Reserve raised interest rates to a minimum of 3.75%, the first increase in three years, potentially pressuring the Bank of Canada to raise borrowing costs for Canadians soon. Economists suggest that while Canadian interest rates aren’t directly tied to U.S. moves, the strengthening of the U.S. dollar and weakening of the Canadian dollar could influence future rate decisions by the Bank of Canada…

What the U.S. Fed hiking rates means for the loonie and for borrowers →2 articles from Global News on this story
Sydney Morning Herald17 Sep

The article reports on how the Federal Open Market Committee (FOMC) raised U.S. interest rates by a quarter percentage point to 3.75% to 4%, despite President Donald Trump's objections. It highlights that the decision was made to address inflation concerns rather than to reflect the creditworthiness of the US, as Trump had suggested on Truth Social. The piece underscores the ongoing tension between the president and…

How 12 people you probably don’t know knocked down Donald Trump →2 articles from Sydney Morning Herald on this story
Time19 Sep

Federal Reserve Chair Kevin Warsh led his third Federal Open Market Committee (FOMC) meeting on September 15 and 16, where the committee unanimously decided to raise interest rates by a quarter percentage point. This rate increase brings the target range to 3.75% to 4%, reflecting concerns over sustained high inflation. Despite broad economic consensus supporting this decision, President Donald Trump criticized…

Can Kevin Warsh Change the Federal Reserve? →2 articles from Time on this story
ABC News (US)16 Sep

The Federal Reserve is expected to raise interest rates for the first time since 2023 on Wednesday amid high inflation and economic strain. Oil prices are near a four-month high, with gasoline averaging $4.30 per gallon. The central bank faces pressure from three dissenting policymakers who favored rate hikes at the last meeting in July. Financial markets predict a quarter-point increase based on a 94% probability…

Federal Reserve expected to raise interest rates for the first time since 2023 →
The Independent16 Sep

President Donald Trump criticized the Federal Reserve after it raised interest rates for the first time in more than three years, increasing the benchmark rate by a quarter point to between 3.75% and 4%. In a Twitter rant, Trump insisted that interest rates should be "1%, or less," citing the country's strong economic creditworthiness. The president’s comments were met with criticism for conflating different types…

President Trump-splains economy to Fed in rant after first interest rate hike in 3 years →
Al Jazeera17 Sep

The United States Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday, marking the first increase in over three years. This move was made to address rising inflation, which reached 3.4% last month, significantly above the Fed’s target of 2%. The decision was unanimous among all 12 members of the FOMC, with Chair Kevin Warsh emphasizing that high inflation needs timely…

What to know about US Federal Reserve’s first interest rate hike in 3 years →
Reason17 Sep

The Federal Reserve raised interest rates to a target range of 3.75 percent to 4 percent on Wednesday, marking the first increase in three years and coming despite President Trump's previous statements downplaying inflation concerns. This rate hike was unanimous among Fed officials and came after Kevin Warsh replaced Jerome Powell as chair of the Federal Reserve. President Trump had previously criticized the board…

Best Credit in the World →
South China Morning Post18 Sep

The US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point for the first time since 2023, leading the Hong Kong Monetary Authority and the Bank of Japan to follow suit. The 10-year US Treasury yield subsequently dropped below 5 per cent to about 4.94 per cent on Friday. Additionally, Hong Kong’s ranking as the third most important global financial centre was confirmed in a recent…

From US Fed rates to China’s global export share: 4 figures shaping markets →
Fox News18 Sep

Lee Carter writes in an opinion piece that the Federal Reserve raised interest rates for the first time since 2023 on Wednesday, aiming to combat high inflation by cooling economic demand. While economists view consumers as resilient due to their ability to maintain spending despite rising costs and tightening credit conditions, Carter suggests this resilience might mask underlying fatigue and financial strain among…

LEE CARTER: The Fed finally raised rates. The real danger now for the GOP is what happens next →
NPR19 Sep

The Federal Reserve recently raised interest rates by a quarter percentage point in an attempt to curb rising inflation. The article explains that the Fed's primary responsibilities are maintaining price stability and achieving maximum employment, often requiring difficult trade-offs between these goals. It details how adjusting interest rates is a key tool for influencing economic activity: raising rates slows down…

Ever wonder how the Fed's interest rate actually works? We've got answers →
Toronto Star20 Sep

The Federal Reserve raised its benchmark interest rate amid ongoing economic challenges such as persistent high inflation and robust growth despite supply shocks. Economists like Joe Brusuelas from RSM argue that this shift signifies a return to pre-pandemic conditions, with strong consumer spending colliding with supply constraints, leading to higher mortgage rates. Currently, the average 30-year mortgage rate has…

Federal Reserve rate hike reflects new world of sticky inflation and faster growth →

Analysis

Agreed

Reported by outlets on both sides of the middle

The move was engineered not by one of the Fed governors Trump has spent years attacking as "boneheads," but by Kevin Warsh, the chairman Trump elevated to the job in May after months of bullying his predecessor, Jerome Powell, over interest rates that he considered to be too high.

6 outlets
Show 1 more

Price increases have repeatedly plagued U.S. consumers, especially at the pump, where the national average price for a gallon of gasoline has hit $4.43 up from $3.20 a year ago, data from the American Automobile Association shows.

4 outlets

Disputed

Picked by our model, which is sometimes wrong

  • CBS News suggests that raising interest rates could hurt home buyers and those seeking loans, while Semafor focuses on the impact of disappointing investors' expectations.15

Framing

How the first headlines put it

  • CBS News frames the event around advice for where to keep money in case of a rate hike, while ABC News focuses on the conflict between the Fed and President Trump.14
  • Semafor highlights the potential clash with Trump, whereas The Independent emphasizes Trump's reaction to the rate hike.52
Stated as fact1
Words to watch (1)

Eye Opener: Trump slams Fed after interest rate hike CBS News

How it changed

Expected · 14 SepThe Federal Reserve is expected to raise interest rates for the first time in three years on Wednesday.
What happened · 16 SepThe US Federal Reserve has raised interest rates in the world's largest economy by 25 basis points to tackle stubbornly high inflation, a move sure to anger President Donald Trump, who has demanded lower rates.
  1. 14 Sep

    At a nearly 90% likelihood as of Monday, the Federal Reserve is poised to issue its first interest rate hike since 2023 when it wraps its next meeting on September 16.

    2 outlets · CBS News
  2. 15 Sep

    As the Federal Reserve weighs whether to raise interest rates this week, Chair Kevin Warsh must choose between breaking markets’ trust and triggering President Donald Trump’s ire.

    4 outlets · Semafor
  3. 16 Sep

    In a social media post on Sept 16, Trump said that US rates “should be 1 per cent, or less” because “Our Country is BOOMING with new Investment” and has “the Best Credit in the World”.

    6 outlets · The Straits Times
  4. 17 Sep

    Nearly three hours after the interest rate decision was announced, Trump lashed out.

    2 outlets · Al Jazeera
  5. 19 Sep

    The central bank bought trillions of dollars in Treasury securities and mortgage-backed securities to achieve what is called quantitative easing, deliberately removing long-term bonds from private markets.

    2 outlets · Washington Examiner

Coverage 56 articles

  • 21 Sep Rate hikes can’t stop drone strikes: Why is the Fed punishing Americans for the Hormuz blockade?The article discusses how the Federal Reserve raised interest rates despite high oil prices caused by geopolitical tensions in key Middle Eastern shipping lanes like the Strait of Hormuz and Bab el-Mandeb. It argues that this move will not address supply shortages but could harm economic growth, particularly for lower-income Americans who rely on stable job markets rather than asset returns. The piece suggests that…Washington Examiner
  • 20 Sep Can the Fed pass Kevin Warsh’s trend test?Federal Reserve Chairman Kevin Warsh announced a quarter-point interest rate increase on Wednesday, citing prolonged inflation above the target despite moderating core consumer price index growth. The decision hinges on trends showing sustained high inflation over five years rather than recent changes in energy prices or broader economic indicators like productivity and wage pressures that have shown improvement…Washington Examiner
  • 20 Sep Federal Reserve rate hike reflects new world of sticky inflation and faster growthThe Federal Reserve raised its benchmark interest rate amid ongoing economic challenges such as persistent high inflation and robust growth despite supply shocks. Economists like Joe Brusuelas from RSM argue that this shift signifies a return to pre-pandemic conditions, with strong consumer spending colliding with supply constraints, leading to higher mortgage rates. Currently, the average 30-year mortgage rate has…Toronto Star
  • 19 Sep Kevin Warsh may be the adult in the room. But can he calm the US economy?Kevin Warsh led the Federal Reserve to unanimously decide on a rate hike of three years, emphasizing the need to address persistently high inflation exceeding the Fed’s 2% target. Despite facing pressure from President Trump, who demanded lower rates and threatened trade measures unless the Fed complies, Warsh remained resolute in his decision-making during an election year. Financial markets reacted cautiously…The Guardian
  • 19 Sep Can Kevin Warsh Change the Federal Reserve?Federal Reserve Chair Kevin Warsh led his third Federal Open Market Committee (FOMC) meeting on September 15 and 16, where the committee unanimously decided to raise interest rates by a quarter percentage point. This rate increase brings the target range to 3.75% to 4%, reflecting concerns over sustained high inflation. Despite broad economic consensus supporting this decision, President Donald Trump criticized…Time
  • 19 Sep The Fed just ended Washington’s cheap-money eraThe Federal Reserve raised its benchmark interest rate by a quarter percentage point to 4%, aligning with expectations given current inflation and economic conditions. Fed Chairman Kevin Warsh emphasized that the central bank’s oversized balance sheet, bloated by post-2008 quantitative easing measures, is no longer sustainable, indicating an end to artificially low borrowing costs for the government. This shift…Washington Examiner
  • 19 Sep Ever wonder how the Fed's interest rate actually works? We've got answersThe Federal Reserve recently raised interest rates by a quarter percentage point in an attempt to curb rising inflation. The article explains that the Fed's primary responsibilities are maintaining price stability and achieving maximum employment, often requiring difficult trade-offs between these goals. It details how adjusting interest rates is a key tool for influencing economic activity: raising rates slows down…NPR
  • 18 Sep The Fed is sacrificing the American dream to fix a problem it can’t solveThe Federal Reserve raised its benchmark interest rate by a quarter percentage point to a range of 3.75%-4%, citing persistent inflation and economic resilience as reasons for this increase. However, critics argue that this move significantly increases borrowing costs for everyday Americans, making major purchases like homes and cars more unaffordable and stifling upward mobility. The article questions the Fed’s…Washington Examiner
  • 18 Sep LEE CARTER: The Fed finally raised rates. The real danger now for the GOP is what happens nextLee Carter writes in an opinion piece that the Federal Reserve raised interest rates for the first time since 2023 on Wednesday, aiming to combat high inflation by cooling economic demand. While economists view consumers as resilient due to their ability to maintain spending despite rising costs and tightening credit conditions, Carter suggests this resilience might mask underlying fatigue and financial strain among…Fox News
  • 18 Sep From US Fed rates to China’s global export share: 4 figures shaping marketsThe US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point for the first time since 2023, leading the Hong Kong Monetary Authority and the Bank of Japan to follow suit. The 10-year US Treasury yield subsequently dropped below 5 per cent to about 4.94 per cent on Friday. Additionally, Hong Kong’s ranking as the third most important global financial centre was confirmed in a recent…South China Morning Post
Show all 56 articles
  • 17 Sep Trump backs Fed's Warsh following rate hikeMarkets rallied on Thursday after the US Federal Reserve raised interest rates as expected, with an analyst stating that this move reduced uncertainty. Despite criticizing the rate hike, President Donald Trump did not directly blame Fed Chair Kevin Warsh, whom he had appointed to replace Jerome Powell. Trump revealed he spoke with Warsh before the decision, leading some commentators to speculate about the central…Semafor
  • 17 Sep 3 savings moves to make post-Fed rate hikeOn Thursday, the Federal Reserve increased the federal funds rate for the first time in over three years, raising it to a range between 3.75% and 4.00%. This hike is expected to result in higher interest rates for savers across various account types. The article recommends that savers act quickly by moving their accessible cash into high-yield savings accounts or certificates of deposit (CDs), emphasizing the…CBS News
  • 17 Sep What the U.S. Fed hiking rates means for the loonie and for borrowersThe U.S. Federal Reserve raised interest rates to a minimum of 3.75%, the first increase in three years, potentially pressuring the Bank of Canada to raise borrowing costs for Canadians soon. Economists suggest that while Canadian interest rates aren’t directly tied to U.S. moves, the strengthening of the U.S. dollar and weakening of the Canadian dollar could influence future rate decisions by the Bank of Canada…Global News
  • 17 Sep How an interest rate hike impacts farmers, middle AmericaThe Federal Reserve increased interest rates by 0.25 percentage points on Wednesday, causing particular concern among U.S. farmers and middle America. CBS News reporter Lana Zak examines how this rate hike will affect these communities economically.CBS News
  • 17 Sep What the Fed's rate hike reveals about Warsh, Trump and inflationOn Wednesday, the Federal Reserve raised interest rates, marking the first such increase in three years amid high inflation concerns. Kevin Warsh, recently appointed by President Trump to succeed Jerome Powell as Fed chair, surprised investors with his hawkish stance on additional rate hikes if necessary to control inflation. Stocks fell sharply after this announcement; the Dow Jones dropped 1.2% or 631 points…CBS News
  • 17 Sep Mortgage rates jump to nearly 7% after Fed rate hike — highest in nearly two yearsMortgage rates in the US have risen for a fourth consecutive week to just under 7%, according to Freddie Mac’s latest report released Thursday. This marks the highest rate since January 2023, with the average 30-year fixed-rate mortgage jumping from 6.76% last week to 6.95%. The increase reflects rising borrowing costs due to inflation and the Federal Reserve's recent interest rate hike, impacting homebuyers'…New York Post
  • 17 Sep What are today's mortgage interest rates: September 17, 2026?On September 17, 2026, the Federal Reserve raised interest rates after more than three years of stability, with the central bank aiming to curb inflation that has persisted above its target of 2%. This rate hike impacts mortgage interest rates; according to Zillow, the average rate for a 30-year mortgage purchase is now 7.37%, up from around 5.75% in February 2026. The article details how these increased rates…CBS News
  • 17 Sep Trump calls interest rates "artificially high," says they should be "1% or less"President Trump criticized the Federal Reserve for raising interest rates, describing them as "artificially high" and suggesting they should be no more than 1% or less. This comment came after the Fed increased its target rate by 0.25 percentage points. CBS News provided coverage of Trump's reaction to the decision.CBS News
  • 17 Sep Trump blasts Fed over interest ratesPresident Trump criticized the Federal Reserve for raising interest rates by 0.25 percentage points on Wednesday, stating that he believes rates should be "1% or less." The article, reported by Weijia Jiang, focuses on Trump's reaction to the Fed's decision.CBS News
  • 17 Sep North Carolina farmer unhappy with Trump amid high energy prices, Fed hikeA North Carolina farmer is expressing dissatisfaction with President Trump due to rising energy costs and recent Federal Reserve actions. The Fed increased interest rates by 0.25 percentage points despite Trump's calls for rate cuts. This decision coincides with higher oil prices caused by tensions with Iran, contributing to inflation concerns.CBS News
  • 17 Sep Best Credit in the WorldThe Federal Reserve raised interest rates to a target range of 3.75 percent to 4 percent on Wednesday, marking the first increase in three years and coming despite President Trump's previous statements downplaying inflation concerns. This rate hike was unanimous among Fed officials and came after Kevin Warsh replaced Jerome Powell as chair of the Federal Reserve. President Trump had previously criticized the board…Reason
  • 17 Sep Eye Opener: Trump slams Fed after interest rate hikePresident Trump criticized the Federal Reserve following its decision to raise interest rates for the first time since 2023. The article summarizes this reaction as part of a broader roundup of important news for the day, focusing on the tension between the president and the central bank over monetary policy decisions.CBS News
  • 17 Sep Trump lashes out at Fed after interest rate hikePresident Trump criticized the Federal Reserve for raising interest rates by a quarter of a percentage point. CBS News reporter Aaron Navarro and Fintech.TV anchor Kristin Myers provide commentary on the situation.CBS News
  • 17 Sep What Does the Interest Rate Hike Mean for American Consumers?
    NBC News
  • 17 Sep Fed Led by Trump-Picked Chair Raises Rate Despite Trump’s Calls to Lower ThemPresident Donald Trump criticized the Federal Reserve after it raised interest rates by 0.25 percentage points on Wednesday, despite his calls for lower rates to support economic growth. Fed Chair Kevin Warsh, appointed by Trump earlier this year, stated that all members of the Federal Open Market Committee unanimously voted for the rate hike, which now ranges between 3.75% and 4%, aiming to combat high inflation…Time
  • 17 Sep What the US Fed hike could mean for Pakistan's economyThe US Federal Reserve has raised interest rates by 25 basis points for the first time in three years, primarily to address high inflation and rising oil prices. The decision’s potential impact on Pakistan includes increased external debt servicing costs and pressure on Pakistan's currency, according to financial analysts. Experts suggest that while Pakistan’s near-term financing is somewhat protected due to a…Dawn
  • 17 Sep US Fed builds credibility, but hawkish turn leaves investors edgyInvestors are gaining confidence in the Federal Reserve's commitment to combat inflation after it raised interest rates by a quarter percentage point to 3.75-4.00%, marking its first hike since 2023. The move was unanimous, signaling a hawkish stance that could lead to further rate increases and increased market volatility, especially for risk assets like small-cap stocks. This decision reflects the Fed's…Dawn
  • 17 Sep US Fed delivers first rate hike since 2023The US Federal Reserve raised interest rates by 25 basis points on September 14, 2026, increasing them to between 3.75 and 4 percent in response to high inflation. Fed Chair Kevin Warsh emphasized the central bank's independence from political pressures during a press conference, asserting that the decision was based solely on economic assessments rather than market influences or external demands for lower rates.Dawn
  • 17 Sep Fed raises interest rates
    NBC News
  • 17 Sep Watch: How will higher interest rates impact US consumers?The Federal Reserve increased US interest rates to a range of 3.75%-4% from 3.5%-3.75%, marking the first such rise in three years, aiming to control inflation. In a video segment, BBC reporter Samira Hussain discusses the reasons behind this rate hike and its implications for American consumers.BBC
  • 17 Sep Trump says interest rates should be at "1% or less" as Fed hikes them for first time since 2023Former President Trump commented that he believes interest rates should be at "1% or less," contrasting with the Federal Reserve's decision to increase them for the first time since July 2023. The Fed's action was reported by CBS News correspondents Richard Escobedo and Natalie Brand.CBS News
  • 17 Sep How 12 people you probably don’t know knocked down Donald TrumpThe article reports on how the Federal Open Market Committee (FOMC) raised U.S. interest rates by a quarter percentage point to 3.75% to 4%, despite President Donald Trump's objections. It highlights that the decision was made to address inflation concerns rather than to reflect the creditworthiness of the US, as Trump had suggested on Truth Social. The piece underscores the ongoing tension between the president and…Sydney Morning Herald
  • 17 Sep Why Trump's hand-picked Fed chair defied him by raising interest ratesKevin Warsh, the Fed chair appointed by President Trump, raised interest rates to 3.75%-4% from 3.5%-3.75%, marking the first increase in over three years. Despite Trump’s opposition and demands for rate cuts, Warsh stated further hikes could occur this year to combat inflation. The president accused the Fed of acting against his wishes for political reasons.BBC
  • 17 Sep Fed raises interest rates, a sign of concern about rising prices: "Inflation is too high"The Federal Reserve increased interest rates for the first time in three years on Wednesday, responding to high inflation levels. Concurrently, diesel fuel costs reached an all-time high, marking the eighth consecutive day of record prices. Nancy Cordes and Kelly O'Grady provide additional insights into these economic developments.CBS News
  • 17 Sep What to know about US Federal Reserve’s first interest rate hike in 3 yearsThe United States Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday, marking the first increase in over three years. This move was made to address rising inflation, which reached 3.4% last month, significantly above the Fed’s target of 2%. The decision was unanimous among all 12 members of the FOMC, with Chair Kevin Warsh emphasizing that high inflation needs timely…Al Jazeera
  • 17 Sep Trump lashes out at Fed after Warsh backs rate hike, says rates should be ‘1% or less’On September 16, US President Donald Trump criticized the Federal Reserve for raising interest rates, demanding they be “1% or less” on his social media platform Truth Social. This came after Kevin Warsh, Trump’s appointee to lead the Fed, supported a rate hike at a press conference where he emphasized that inflation is too high and needs addressing. Despite Trump's criticism, he claimed to still have confidence in…The Straits Times
  • 17 Sep Fed’s Warsh heeds own advice with record short press conferenceKevin Warsh, the US Federal Reserve chairman, held a record-short 30-minute press conference on September 16 following a policy meeting where interest rates were raised for the first time in over three years. This was the shortest session since regular Fed chair conferences began in 2011. During the event, Warsh adhered to his policy of not predicting future actions and focused solely on current economic views…The Straits Times
  • 16 Sep While You Were Sleeping: 5 stories you might have missed, Sept 17, 2026The 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…The Straits Times
  • 16 Sep Trump says rates should be ‘1% or less’ after Fed hikeUS President Donald Trump criticized the Federal Reserve's decision to raise interest rates by demanding they be “1% or less,” citing a booming economy and strong national credit. This demand came shortly after the Fed increased its benchmark federal funds rate to between 3.75% and 4%, despite Trump’s previous calls for lower borrowing costs. The president’s comments reflect his ongoing pressure on Federal Reserve…The Straits Times
  • 16 Sep Live: US policymakers expect Fed to raise rates again this yearUS policymakers expect another interest rate hike by the end of the year following a 25 basis point increase by the Federal Reserve to curb inflation. Share markets were down overnight after the decision and are expected to drop locally as well. JP Morgan's chief economist, Bruce Kasman, predicts cumulative policy hikes totaling at least 75 basis points globally this year due to rising core inflation, tightening…ABC News (AU)
  • 16 Sep Trump responds to his new Fed chairman Kevin Warsh hiking interest rates — after prez pushed for reductionPresident Trump criticized the Federal Reserve shortly after it raised interest rates by a quarter point to 3.75% to 4%, marking the first increase since early 2020 under newly appointed Fed Chairman Kevin Warsh. In response, Trump urged for rates to be lowered to 1% or less on his Truth Social platform, arguing that the U.S. has the best credit and that lowering rates would benefit the booming economy.New York Post
  • 16 Sep US interest rates raised for first time in three yearsThe Federal Reserve raised US interest rates to a range of 3.75%-4% from 3.5%-3.75%, the first increase in over three years, on Wednesday despite opposition from President Trump who advocates for lower rates. Fed Chair Kevin Warsh stated that this decision was necessary due to persistently high inflation rates exceeding their target for more than five years. The move aims to combat rising prices but may also slow…BBC
  • 16 Sep President Trump-splains economy to Fed in rant after first interest rate hike in 3 yearsPresident Donald Trump criticized the Federal Reserve after it raised interest rates for the first time in more than three years, increasing the benchmark rate by a quarter point to between 3.75% and 4%. In a Twitter rant, Trump insisted that interest rates should be "1%, or less," citing the country's strong economic creditworthiness. The president’s comments were met with criticism for conflating different types…The Independent
  • 16 Sep Dow tumbles after Fed raises interest rates for first time since 2023The Dow Jones Industrial Average dropped by about 1.2% on Wednesday following the Federal Reserve's announcement of its first interest rate hike since July 2023. The report from CBS News covers the market reaction to this significant economic policy change.CBS News
  • 16 Sep Your credit card debt is about to get more expensive — What you can do about itThe Federal Reserve announced an increase in the federal funds rate to between 3.75% and 4.00%, leading to stock market declines but relatively stable long-term treasury yields. With Americans holding an average credit card debt of $6,659 at a current interest rate of 19.56%, this hike is expected to further increase borrowing costs for individuals with outstanding balances. The article discusses contrasting views…New York Post
  • 16 Sep ‘Stay in our lane’: Warsh vows Fed independence after hiking ratesKevin Warsh, chairman of the Federal Reserve, emphasized the central bank's independence during a press conference on Wednesday following a unanimous decision to raise interest rates by 0.25 percentage points to a range of 3.75% to 4%. Despite President Trump’s lobbying for lower rates, Warsh stated that the Fed would “stay in its lane” and focus on combating inflation, which currently stands at 3.4%, well above the…Washington Examiner
  • 16 Sep US Fed hikes interest rates to curb inflation in move likely to rile TrumpThe US Federal Reserve increased interest rates by 25 basis points on Wednesday to address high inflation, raising them to between 3.75% and 4%. This decision, expected to be followed by at least one more hike this year, is likely to upset President Donald Trump, who had pushed for lower rates to stimulate economic growth. The move comes as the economy grapples with elevated inflation since Trump's presidency…ABC News (AU)
  • 16 Sep ASX set to slump, Wall Street falls as Warsh speaks after Fed raises ratesThe US stock market has declined as the Federal Reserve raised interest rates in an effort to curb high inflation, marking the first rate hike since March 2022. The S&P 500 fell by 0.3%, while the Dow Jones and Nasdaq dropped by 1.4% and 0.4% respectively during late trade after Fed Chair Kevin Warsh’s press conference. Australian futures also pointed to a decline of 71 points or 0.8% at open, following similar…Sydney Morning Herald
  • 16 Sep US Fed hikes interests rates to curb inflation in move likely to rile TrumpThe US Federal Reserve raised interest rates by 25 basis points to between 3.75% and 4%, aiming to curb high inflation that has persisted despite previous efforts. This decision follows a unanimous vote by the Federal Open Market Committee on Wednesday and is expected to lead to at least one more rate hike this year, according to Fed policymakers’ projections. The move is likely to anger President Donald Trump, who…ABC News (AU)
  • 16 Sep Why the Fed might raise interest rates for first time since 2023The Federal Reserve plans to increase interest rates for the first time since 2023, according to CBS News business contributor Javier David. This move indicates a shift in monetary policy as the Fed seeks to address current economic conditions.CBS News
  • 16 Sep Federal Reserve expected to raise interest rates for the first time since 2023The Federal Reserve is expected to raise interest rates for the first time since 2023 on Wednesday amid high inflation and economic strain. Oil prices are near a four-month high, with gasoline averaging $4.30 per gallon. The central bank faces pressure from three dissenting policymakers who favored rate hikes at the last meeting in July. Financial markets predict a quarter-point increase based on a 94% probability…ABC News (US)
  • 16 Sep U.S. Fed expected to hike interest rates despite pressure from TrumpFederal Reserve Chair Kevin Warsh is expected to raise interest rates on Wednesday despite pressure from President Donald Trump, who wants lower or stable rates. Economists predict a quarter-point increase to about 3.9%, given current high inflation levels of 3.7% and core inflation at 3.3%. The article highlights the delicate balance Warsh must maintain between market expectations for rate hikes and political…Global News
  • 15 Sep Here's why a high-yield savings account is worth opening this weekThe Federal Reserve will meet this week, with a 94.5% likelihood of raising interest rates by 25 basis points, according to CME Group's FedWatch tool. The article advises savers to consider switching their traditional savings accounts, which average under 0.40%, to high-yield savings accounts that can adjust upward in response to rising rates. It highlights the current competitive rates of up to 4% and emphasizes…CBS News
  • 15 Sep Fed poised to clash with TrumpFederal Reserve Chair Kevin Warsh faces a dilemma as he prepares for this week's meeting, choosing between maintaining his reputation among investors by raising interest rates and disappointing President Donald Trump, who wants lower rates. Despite recent government data showing higher-than-expected inflation excluding food and energy prices in August, market expectations align with Warsh’s hawkish stance from his…Semafor
  • 15 Sep Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UKCentral bankers in the US, UK, and Japan face critical decisions this week as they confront rising inflation amid global economic tensions. Kevin Warsh, recently appointed Chair of the US Federal Reserve by President Trump despite his demands for lower interest rates, must decide whether to raise rates in response to climbing oil prices pushing crude above $100 per barrel. The Bank of England and Japan’s BoJ also…The Guardian
  • 14 Sep The Fed may raise interest rates this week. Here's where you should keep your money if that happens.The Federal Reserve is highly likely to raise its benchmark interest rate by 25 basis points on September 16, bringing it to a range between 3.75% and 4.00%. This move will affect borrowing costs but can benefit savers who know where to keep their money. The article suggests three savings account types: certificate of deposit (CD) accounts with fixed high rates up to 4.50%, high-yield savings accounts that adjust…CBS News

Built 2026-10-05 from 56 articles. Every sentence on this page is quoted from the linked article; nothing was written by a model except the Summary and the items marked AI, which cite their sources, and the questions and labels under "Disputed". Photos are from the outlets that covered the story, never from articles our check marks sensitive.

💬Give feedback
🕘History 🎫Support
Terms · Privacy · beta v2.0.0
Articles to 29 Oct 2026