The Federal Reserve Breaks Its Long Pause: What the September 2026 Rate Hike Means for Your Wallet
WASHINGTON — In a decisive pivot that marks the end of a prolonged monetary policy plateau, the Federal Reserve raised its benchmark interest rate on September 16, 2026, pushing the federal funds target range to 3.75 percent to 4.00 percent. This adjustment represents the central bank’s first rate increase since 2023, signaling an aggressive renewed…
