# 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 23:03 UTC
- Economy
- Original: https://www.aljazeera.com/news/2026/9/16/what-to-know-about-us-federal-reserves-first-interest-rate-hike-in-3-years?traffic_source=rss

> The US Federal Reserve unanimously raised its benchmark rate by a quarter point to 3.75–4 percent, its first increase in more than three years. Chair Kevin Warsh said inflation remained too high for too long. The move could raise borrowing costs for consumers and clashes with Donald Trump’s repeated demands for lower rates.

## 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
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- [Fed raises rates for first time since 2023 in unanimous vote defying Trump](https://mins.news/en/item/61494) — euronews, 2026-09-16
- [Fed Raises Rates as Warsh Bucks Trump to Contain Inflation](https://mins.news/en/item/61464) — Bloomberg News, 2026-09-16
