US Federal Reserve raises interest rates for first time in three years as inflation risks mount
The National · 16 Sep 2026

US Federal Reserve raises interest rates for first time in three years as inflation risks mount

The US Federal Reserve raised interest rates for the first time in three years on Wednesday, as stubbornly high inflation and rising oil prices caused by supply disruptions in the Middle East ripple across the global economy. Policymakers at the US central bank raised interest rates by 25 basis poin


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