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Fed Unanimously Raises Rates by a Quarter PointEconomy
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EconomyFed Unanimously Raises Rates by a Quarter Point

The Federal Reserve unanimously raised interest rates by a quarter percentage point and signaled another increase later this year to contain inflation. The federal funds rate now stands at 3.75% to 4%, a move that will test Chairman Kevin Warsh’s relationship with President Donald Trump.

BBloomberg Television 2026-09-16 18:14