Economy·Sep 16, 2026
Fed Raises Interest Rates for First Time Since 2023, Signals Another Hike Ahead
The move marks a shift after years of holding rates steady.
The Federal Reserve approved an interest rate increase on Wednesday, its first since 2023, and signaled that another hike could follow later this year, according to CNBC.
The decision marks a notable shift in the central bank's approach after a period without rate increases.
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