Fed raises interest rates by quarter point to tackle inflation

By The Washington Post (U.S.) | Created at 2026-09-16 18:57:06 | Updated at 2026-09-26 04:31:56 1 week ago

The Federal Reserve raised interest rates by a quarter a percentage point on Wednesday to try to tame inflation, raising the borrowing cost on a variety of business and consumer loans.

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Fed raises interest rates by quarter point to tackle inflation

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