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EconomyFed officials unanimously raise key rate by a quarter point for first time in more than three years

Members of the Federal Open Market Committee unanimously voted to lift the Fed’s key overnight bank lending rate by a quarter point, seeking to bring inflation down. It was their first unanimous rate hike in more than three years.

Federal Reserveinterest ratesinflation

CCNN★★★☆☆2026-09-17 00:02Original

Fed officials unanimously raise key rate by a quarter point for first time in more than three years
Economy