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Macro Finance

Fed Unanimously Raises Rates by a Quarter Point

Bloomberg Markets·September 16, 2026·1 min read

The Federal Reserve voted unanimously to raise interest rates by a quarter point, lifting the federal funds rate to 3.75%-4%. The central bank penciled in another hike later this year to contain inflation, a move that will test Chairman Kevin Warsh's relationship with President Donald Trump.

Read at Bloomberg Markets
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