65
Economics2h 32m ago

The Federal Reserve is expected to raise interest rates on Wednesday for the first time since July 2023.

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United States

Who
Federal Reserve
What
The Federal Reserve is expected to raise interest rates on Wednesday for the first time since July 2023.
When
Wed, 16 Sep 2026 03:26:31 GMT · 2h 32m ago
Where
United States ·
Why
The Federal Reserve conducts monetary policy by setting the interest rate banks charge each other to borrow money overnight.
The Frontline Impact

How this affects you

The rate hike is expected to impact credit card rates and other borrowing costs across the country.

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