{
  "id": 7869991,
  "title": "Fed, battling persistent inflation, ups rates 1st time in 3 years",
  "url": "https://urgent.news/2026/09/16/fed-battling-persistent-inflation-ups-rates-1st-time-in-3-years",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T20:17:21.000Z",
  "source": {
    "name": "Asia Times",
    "slug": "asia-times",
    "url": "https://asiatimes.com/2026/09/fed-battling-persistent-inflation-ups-rates-1st-time-in-3-years/"
  },
  "original_language": "en",
  "account": null,
  "summary": "WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank’s Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a quarter […] The post Fed, battling persistent inflation, ups rates 1st…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "Gulf Times Business",
        "title": "Fed hikes rates, sees more tightening in search of 'timelier' drop in inflation",
        "url": "https://urgent.news/2026/09/16/fed-hikes-rates-sees-more-tightening-in-search-of-timelier-drop-in",
        "published": "2026-09-16T18:31:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Fed hikes rates, sees more tightening in search of 'timelier' drop in inflation",
        "url": "https://urgent.news/2026/09/16/fed-hikes-rates-sees-more-tightening-in-search-of-timelier-drop-in-7846681",
        "published": "2026-09-16T18:32:30.000Z"
      },
      {
        "outlet": "Hacker News",
        "title": "Fed hikes rates as inflation worries push up bond yields",
        "url": "https://urgent.news/2026/09/16/fed-hikes-rates-as-inflation-worries-push-up-bond-yields",
        "published": "2026-09-16T18:55:21.000Z"
      },
      {
        "outlet": "ABC News AU",
        "title": "US Fed hikes interests rates to curb inflation in move likely to rile Trump",
        "url": "https://urgent.news/2026/09/16/us-fed-hikes-interests-rates-to-curb-inflation-in-move-likely-to-rile",
        "published": "2026-09-16T19:15:28.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Wall Street gyrates after Fed hikes interest rate to battle inflation",
        "url": "https://urgent.news/2026/09/16/wall-street-gyrates-after-fed-hikes-interest-rate-to-battle-inflation",
        "published": "2026-09-16T19:27:03.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Jeff Gundlach says the Fed should have hiked rates by more to fight rising inflation",
        "url": "https://urgent.news/2026/09/16/jeff-gundlach-says-the-fed-should-have-hiked-rates-by-more-to-fight",
        "published": "2026-09-16T19:38:41.000Z"
      },
      {
        "outlet": "Moneyweb",
        "title": "Fed raises rates, signals another hike as inflation persists",
        "url": "https://urgent.news/2026/09/16/fed-raises-rates-signals-another-hike-as-inflation-persists",
        "published": "2026-09-16T20:13:17.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Trump calls for interest rates of 1% or lower, after Fed hikes to 3.75%-4.00%",
        "url": "https://urgent.news/2026/09/16/trump-calls-for-interest-rates-of-1-or-lower-after-fed-hikes-to-3-75",
        "published": "2026-09-16T21:07:21.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Wall Street ends lower after Fed hikes interest rates, sees more tightening ahead",
        "url": "https://urgent.news/2026/09/16/wall-street-ends-lower-after-fed-hikes-interest-rates-sees-more",
        "published": "2026-09-16T21:11:22.000Z"
      },
      {
        "outlet": "Toronto Sun",
        "title": "U.S. interest rates hiked after Trump urged lower borrowing costs",
        "url": "https://urgent.news/2026/09/16/u-s-interest-rates-hiked-after-trump-urged-lower-borrowing-costs",
        "published": "2026-09-16T21:19:06.000Z"
      }
    ]
  },
  "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."
}