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Economics1h 14m ago
The Federal Reserve raised interest rates for the first time since 2023 as inflation remains elevated.
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United States
Who
Federal Reserve
What
The Federal Reserve raised interest rates for the first time since 2023 as inflation remains elevated.
When
Fri, 18 Sep 2026 09:00:26 GMT · 1h 14m ago
Where
United States ·
Why
Inflation remains elevated.
The Frontline Impact
How this affects you
This action by the Federal Reserve is expected to increase mortgage rates and credit card interest rates for consumers. The decision comes as inflation continues to be a concern.
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