{
  "id": 7842639,
  "title": "US Federal Reserve raises interest rates by 25 basis points, first hike since 2023",
  "url": "https://urgent.news/2026/09/16/us-federal-reserve-raises-interest-rates-by-25-basis-points-first",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T18:02:32.000Z",
  "source": {
    "name": "Ajel English",
    "slug": "ajel-english",
    "url": "https://english.ajel.sa/business/3l48xgppy"
  },
  "original_language": "en",
  "account": "The US Federal Reserve has increased its interest rate by 0.25 percentage points, marking the first rise since 2023, as it seeks to tackle persistent inflation. This decision follows a period of no rate changes, with markets anticipating a shift in monetary policy due to concerns over rising inflation and energy prices. The move by Federal Reserve Chair Kevin Warsh signals the beginning of a new phase in monetary policy, where he must strike a balance between controlling inflation and sustaining economic growth. Investors are keenly observing not just the rate change but also Chair Warsh’s post-meeting comments and the Federal Open Market Committee's revised economic forecasts, all of which provide insights into the future direction of interest rates. Consequently, borrowing costs such as credit card rates and certain loans will likely climb, while savings accounts and certificates of deposit could gain from higher returns. Market participants are also watching the decision's impact on the US dollar, stock market, bond market, and gold prices, as any hints of additional rate hikes from the Fed could sway asset prices in the forthcoming months.",
  "summary": "The US Federal Reserve has raised its key interest rate by 0.25 percentage points, marking its first increase since 2023 to counter persistent inflation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Hindustan Times - World News",
        "title": "US Federal Reserve meeting today: When and where to watch Kevin Warsh's Speech? Here's what to expect",
        "url": "https://urgent.news/2026/09/16/us-federal-reserve-meeting-today-when-and-where-to-watch-kevin-warshs",
        "published": "2026-09-16T16:25:28.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "US Federal Reserve raises interest rates for first time in three years as inflation risks mount",
        "url": "https://urgent.news/2026/09/16/us-federal-reserve-raises-interest-rates-for-first-time-in-three",
        "published": "2026-09-16T18:01:23.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Federal Reserve hikes rate to 3.75%-4.00%, the first increase in three years",
        "url": "https://urgent.news/2026/09/16/federal-reserve-hikes-rate-to-3-75-4-00-the-first-increase-in-three",
        "published": "2026-09-16T18:01:40.000Z"
      },
      {
        "outlet": "Times of India",
        "title": "US Federal Reserve hikes interest rate to 3.75-4% range; first time since 2023",
        "url": "https://urgent.news/2026/09/16/us-federal-reserve-hikes-interest-rate-to-3-75-4-range-first-time",
        "published": "2026-09-16T18:02:03.000Z"
      },
      {
        "outlet": "CBS News",
        "title": "The Federal Reserve just raised interest rates for the first time since 2023. Here's how mortgage rates may respond.",
        "url": "https://urgent.news/2026/09/16/the-federal-reserve-just-raised-interest-rates-for-the-first-time",
        "published": "2026-09-16T18:02:51.000Z"
      },
      {
        "outlet": "The Guardian US",
        "title": "US Federal Reserve votes to hike rates for the first time since 2023",
        "url": "https://urgent.news/2026/09/16/us-federal-reserve-votes-to-hike-rates-for-the-first-time-since-2023",
        "published": "2026-09-16T18:09:18.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "US Federal Reserve raises interest rates for first time in 3 years, risking Trump’s ire",
        "url": "https://urgent.news/2026/09/16/us-federal-reserve-raises-interest-rates-for-first-time-in-3-years",
        "published": "2026-09-16T18:15:10.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "US Federal Reserve raises interest rate by 25 bps to 3.75-4% range",
        "url": "https://urgent.news/2026/09/16/us-federal-reserve-raises-interest-rate-by-25-bps-to-3-75-4-range",
        "published": "2026-09-16T18:18:29.000Z"
      }
    ]
  },
  "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."
}