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7 sourcesTracking since 16 Sept, 18:03

US Fed raises interest rates as inflation weighs on economy

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Chronological coverage

  1. 17 September
  2. Latest17 Sept, 00:00

    Fed hikes rates for the first time in three years

    The move was widely expected, with 50 of 51 FT-polled economists favoring a rate hike by 25 bps.

    EEEnterpriseAM Egypt•The Enterprise Company
  3. 16 September
  4. Follow-up16 Sept, 21:02

    US interest rates raised for first time in three years

    The Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.

    BBCBBC
  5. Follow-up16 Sept, 19:00

    U.S. Federal Reserve raises interest rates for 1st time in 3 years

    The Federal Reserve said it cut rates to help bring inflation back to the central bank's two per cent target. It's the first policy shift under the new Fed chief, who took office in late May after being selected by Trump with an expectation that he would ‌cut rates. But economists say those pressures aren't hitting Canada in quite the same way, and don't put the same kind of pressure on the Bank of Canada.

    CBC NewsCBC News
  6. Follow-up16 Sept, 18:36

    US raises interest rates for first time in three years

    The Federal Reserve raised interest rates today for the first time since July 2023 and flagged further increases in borrowing costs in coming months.

    BBusiness
  7. Follow-up16 Sept, 18:24

    US Fed raises key rate for first time in 3 years

    In an attempt to address the persistently high inflation in the world's largest economy, the US Federal Reserve increased interest rates by 25 basis points.

    Deutsche WelleDeutsche Welle
  8. Follow-up16 Sept, 18:16

    Federal Reserve hikes key interest rate for first time in 3 years despite Trump’s demands for a cut

    It's the first policy shift under the new Fed chief, who took office in late May after being selected by Trump with an expectation that he would cut rates

    The IndependentThe Independent•Howard Schneider
  9. First seen16 Sept, 18:03

    US Fed raises interest rates as inflation weighs on economy

    The 25 basis-point hike is the first raise in three years and comes ahead of critical midterm elections in the US.

    Al JazeeraAl Jazeera