Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › How the Fed’s Rate Increase Affects Your Finances.
Business & Finance

How the Fed’s Rate Increase Affects Your Finances.

New York Times Wednesday 16 September 2026, 18:22 UTC By Tara Siegel Bernard 1 min read
Key Points

The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.

The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Fed (ORG) The Federal Reserve (ORG)
Originally published by New York Times Read original →

Related Stories

Harold Hamm’s Continental Set to Announce Venezuela Oil Deal

Bloomberg's Kevin Crowley joins Scarlet Fu on "Bloomberg Deals." Billionaire shale pioneer Harold Hamm’s Continental Resources Inc. is set to announce a deal to invest in Venezuela as the Trump administration pushes US companies to revive the nation’s oil sector, according to a person familiar with the matter.

Bloomberg Markets 15m ago

Palestinian American activist arrested and ‘charged for trespassing at a public hearing’

Noura Erakat says a Florida mayor shortened speaking time and banned discussion of investment in Israeli bondsThe human rights lawyer Noura Erakat was arrested on Tuesday at a Palm Beach county, Florida, budget hearing about the county’s more than $1bn investments in Israeli bonds. Erakat, a prominent Palestinian-American activist, legal scholar and Guardian contributor, was one of several people in attendance at the public commission hearing who were forcibly removed by local law...

The Guardian World 21m ago

US Fed hikes interests rates to curb inflation in move likely to rile Trump

US Federal Reserve increases interests rates to curb inflation in move likely to rile Trump In short: The US Federal Reserve has raised interest rates by 25 basis points in order to tackle inflation. A majority of Fed policymakers expect at least one more rate hike to be necessary before the end of the year. The Fed last raised rates in 2023, when the central bank was still battling post-pandemic inflation.

ABC Australia 24m ago

Foreign YouTuber using AI to promote One Nation to thousands

This YouTuber promotes One Nation to thousands in an Aussie accent. He's a foreigner we traced to the other side of the world In short: An ABC NEWS Verify investigation has uncovered a YouTube political commentator from overseas who is using AI to fake an Australian accent and promote One Nation to tens of thousands of people. The account, Oceania Unfiltered, has accrued more than 3 million views and receives thousands of comments on its Australian and New Zealand political commentary.

ABC Australia 24m ago