Fed Raises Interest Rates for First Time in Over Three Years

On September 17, 2026, the US Federal Reserve took a significant step in fighting inflation. The central bank raised interest rates for the first time in over three years. This decision was made unanimously by Fed Chairman Kevin Warsh and his colleagues.

The rate hike has been met with approval from traders, who see it as a sign of the Fed's commitment to combating inflation. As a result, stocks are trading higher, and the yield on the 10-year US Treasury note has fallen below 5%.