{
  "id": 7800965,
  "title": "Federal Reserve set to raise interest rate after five meetings on hold",
  "url": "https://urgent.news/2026/09/16/federal-reserve-set-to-raise-interest-rate-after-five-meetings-on-hold",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T14:00:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/federal-reserve-set-to-raise-interest-rate-after-five-meetings-on-hold-202609161400"
  },
  "original_language": "en",
  "account": "The United States Federal Reserve is set to raise interest rates after holding the rate constant for the previous five meetings. This decision comes after the Federal Open Market Committee (FOMC) left the policy rate unchanged five times in a row. The markets widely anticipate the Federal Reserve to raise the interest rate by 25 basis points (bps) to a range of 3.75%-4% during the next meeting. CME FedWatch Tool indicates only a 7.5% chance of another policy hold. Fed Chair Kevin Warsh's post-meeting comments and the revised Summary of Economic Projections will provide insights into the rate outlook, influencing the US Dollar's valuation. Fed Governor Christopher Waller had previously suggested supporting a policy hold if August inflation data confirmed cooling inflation pressures. Reported inflation figures show the Consumer Price Index (CPI) held steady at 3.4% in August, with the core CPI rising by 0.3% on a monthly basis. These inflation figures, combined with strong labor market data, have reinforced the need for a tightening step in September. Analysts predict the Fed could begin their tightening cycle as soon as this week, with 22bps of hikes priced in for the upcoming FOMC meeting. A decision to leave rates on hold could undermine the Fed's policy credibility and weigh on the USD, potentially leading to a sharp decline in EUR/USD.",
  "summary": "The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, following another pivotal meeting that could provide key insights into the monetary policy outlook heading into the end of the year.",
  "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."
}