Fed Raises Rates, Citing Geopolitical Shocks and High Prices
September 16, 2026—Citing geopolitical shocks and elevated inflation, the Federal Reserve Board voted unanimously to raise federal funds interest rates by 0.25 percent to 4 percent. It was the first time the Fed raised interest rates in three years. It comes under the new leadership of Federal Reserve Chair Kevin Warsh.
September 16, 2026—Citing geopolitical shocks and elevated inflation, the Federal Reserve Board voted unanimously to raise federal funds interest rates by 0.25 percent to 4 percent. It was the first time the Fed raised interest rates in three years. It comes under the new leadership of Federal Reserve Chair Kevin Warsh.
It comes as the inflation rate ticked up in August to 0.4 percent and the government projected a Consumer Price Index of 3.4 percent, driven largely b...










