# US Fed hikes rates for first time since 2023 as inflation stays sticky

https://mins.news/en/item/61987

- CGTN, 2026-09-16 22:58 UTC
- Economy
- Original: https://news.cgtn.com/news/2026-09-17/news-1QvbQQtCV7a/p.html?UTM_Source=cgtn&UTM_Medium=rss&UTM_Campaign=World

> The Federal Reserve raised its policy rate by 25 basis points to 3.75%-4%, its first increase since July 2023, citing persistently elevated inflation. The decision passed unanimously, 12-0. Analysts viewed the hawkish move as leaving another hike possible before year-end, while Chair Kevin Warsh avoided committing to a prolonged tightening cycle and defended Fed independence amid Donald Trump's calls for cuts.

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