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Business & Finance

US Fed raises key rate for first time in 3 years

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US Fed raises key rate for first time in 3 years September 16, 2026Advertisement The US Federal Reserve on Wednesday raised interest rates by 25 basis points in an attempt to tackle stubbornly high inflation in the world's largest economy. This move is sure to anger President Donald Trump, who has called for lower rates.

US Fed raises key rate for first time in 3 years September 16, 2026Advertisement The US Federal Reserve on Wednesday raised interest rates by 25 basis points in an attempt to tackle stubbornly high inflation in the world's largest economy. This move is sure to anger President Donald Trump, who has called for lower rates. More to follow...
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Originally published by Deutsche Welle Read original →