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Thursday, September 17, 2026

Fed raises rates by 25 basis points in first hike since July 2023

by marketdash
0 comments

The U.S. Federal Reserve tightened monetary policy for the first time in more than three years on Wednesday.

In a nearly-universally anticipated move, the central bank lifted its benchmark fed funds rate range by 25 basis points to 3.75%-4%.

The vote to hike rates was unanimous, and most see one more rate hike coming this year.



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