{
  "id": 7775459,
  "title": "Stock futures rise ahead of Fed interest rate decision Sept. 2026",
  "url": "https://urgent.news/2026/09/16/stock-futures-rise-ahead-of-fed-interest-rate-decision-sept-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T11:30:59.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/stock-futures-rise-ahead-fed-113059484.html"
  },
  "original_language": "en",
  "account": "U.S. stock futures climbed on Wednesday as investors anticipated a Federal Reserve interest rate decision, which many expected to be the central bank's first hike since 2023. The S&P 500 futures saw a 0.2% increase, Nasdaq-100 futures rose 0.4%, while Dow Jones Industrial Average futures gained 77 points, marking a 0.2% surge. The 10-year Treasury yield hovered close to 5%, while the 30-year bond yield stood at 5.374%. According to the CME FedWatch tool, traders gave a 92.5% probability of a quarter-point rate hike during the Wednesday 2 p.m. ET decision. Markets forecast a 45% chance of another quarter-point increase in October and a 30% likelihood in December. The Fed's target rate range is currently set between 3.5% and 3.75%.\n\nThis potential move comes amidst persistent inflation and rising energy costs. In August, annual CPI stood at 3.4%, a slight dip from a May peak of 4.2%. On a monthly basis, CPI increased by 0.4%, surpassing expectations. However, core inflation, excluding food and energy, rose to 0.3%, exceeding forecasts. Diesel prices hit $6 per gallon for the first time, fueled by supply constraints stemming from conflicts in Ukraine and Iran. Brent crude dropped 0.7% to $107.92 per barrel, while U.S. benchmark West Texas Intermediate fell 1.2% to $104.55 per barrel.\n\nBrent Wilsey, chief investment officer at Wilsey Asset Management in San Diego, cautioned that a Fed decision to keep rates unchanged could pose significant risks. Such a surprise could unsettle stocks, which generally react negatively to unexpected changes. Additionally, it might undermine the Fed's credibility and reignite concerns about the central bank succumbing to political pressure to maintain steady rates. The Fed's decision arrives amid pressure from the White House to maintain the status quo. Tuesday's market session ended lower, with the S&P 500 down 0.45% and the Nasdaq Composite falling 0.78%. Tech stocks faced pressure after weekend talks among leaders of major large language model firms hinted at a possible slowdown in the rollout of new products. Asian markets were mixed on Wednesday, with Japan's Nikkei 225 down 0.34%, Australia's S&P/ASX 200 up 0.24%, and South Korea's Kospi rising 0.12%. Hong Kong's Hang Seng slipped 0.18%. European stocks, however, showed broader gains, with the regional Stoxx 600 rising 0.4% and London's FTSE 100 increasing by 0.4%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}