# Fed raises rates for first time since 2023 in unanimous vote defying Trump

https://mins.news/en/item/61494

- euronews, 2026-09-16 18:25 UTC
- Economy
- Original: https://www.euronews.com/business/2026/09/16/fed-raises-rates-for-the-first-time-since-2023-in-unanimous-vote-defying-trump

> The Federal Reserve lifted its benchmark rate by a quarter point to 3.75%-4%, marking its first increase since July 2023. The 12-0 decision puts Chair Kevin Warsh directly at odds with US President Donald Trump, who appointed him.

## Stories

- [US Interest Rate Policy and Economic Data](https://mins.news/en/topic/us-labor-market-and-jobs-data) — Markdown: https://mins.news/en/topic/us-labor-market-and-jobs-data.md

## Related coverage

- [What do higher rates mean for borrowers and savers?](https://mins.news/en/item/61802) — Reuters, 2026-09-16
- [What to know about the US Federal Reserve’s first rate hike in three years](https://mins.news/en/item/61801) — Al Jazeera, 2026-09-16
- [Fed raises rates for first time since 2023 in unanimous vote defying Trump](https://mins.news/en/video/61618) — euronews, 2026-09-16
- [Federal Reserve raises rates for first time in three years, potentially putting Warsh at odds with Trump](https://mins.news/en/item/61457) — CNN, 2026-09-16
