{
  "id": 7871923,
  "title": "Fed policymakers forecast one more rate hike this year",
  "url": "https://urgent.news/2026/09/16/fed-policymakers-forecast-one-more-rate-hike-this-year",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T21:12:35.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/fed-forecasts-see-latest-hike-followed-by-another-before-end-of-year-4904264"
  },
  "original_language": "en",
  "account": "Federal Reserve officials have forecast one additional interest rate increase this year, raising rates by a quarter of a percentage point to 3.75%-4.00% on Wednesday. They expect to maintain the current rate in 2027, according to quarterly projections released after their latest policy meeting. The Fed's new outlook indicates that inflation will stay higher than their 2% target in the near term, with a median forecast of 3.7% for 2026, up from the June projection of 3.6%. Officials expect the Personal Consumption Expenditures Price Index to reach 2.3% next year and 2.1% by 2028, compared to the June forecast of 2% for both years. The Fed anticipates steady economic growth and low unemployment, with GDP growth projected at 2.3% this year, 2.4% in 2027, and a steady unemployment rate of 4.1% throughout 2029.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Fed raises key interest rate by a quarter percentage point in 1st hike since July 2023",
        "url": "https://urgent.news/2026/09/16/urgent-fed-raises-key-interest-rate-by-a-quarter-percentage-point-in",
        "published": "2026-09-16T18:01:43.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Fed approves interest rate hike, signals one more to come this year",
        "url": "https://urgent.news/2026/09/16/fed-approves-interest-rate-hike-signals-one-more-to-come-this-year",
        "published": "2026-09-16T18:06:48.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "What the Fed rate hike likely means for you",
        "url": "https://urgent.news/2026/09/16/what-the-fed-rate-hike-likely-means-for-you",
        "published": "2026-09-16T19:08:08.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "White House calls Fed rate hike 'regrettable', says move won't affect oil prices",
        "url": "https://urgent.news/2026/09/16/white-house-calls-fed-rate-hike-regrettable-says-move-wont-affect-oil",
        "published": "2026-09-16T19:44:45.000Z"
      },
      {
        "outlet": "Le Monde English",
        "title": "The White House calls the Fed's first interest rate raise since 2023 'unfortunate'",
        "url": "https://urgent.news/2026/09/16/the-white-house-calls-the-feds-first-interest-rate-raise-since-2023",
        "published": "2026-09-16T20:12:12.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Shorter-dated US Treasury yields surge in anticipation of another Fed rate hike",
        "url": "https://urgent.news/2026/09/16/shorter-dated-us-treasury-yields-surge-in-anticipation-of-another-fed",
        "published": "2026-09-16T20:16:21.000Z"
      },
      {
        "outlet": "This Is Money",
        "title": "Fed defies Trump with US rate hike: Central bank chief Kevin Warsh pulls trigger in first increase for three years",
        "url": "https://urgent.news/2026/09/16/fed-defies-trump-with-us-rate-hike-central-bank-chief-kevin-warsh",
        "published": "2026-09-16T20:45:57.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Trump calls for interest rates of 1% after Fed’s first hike since July 2023",
        "url": "https://urgent.news/2026/09/16/trump-calls-for-interest-rates-of-1-after-feds-first-hike-since-july",
        "published": "2026-09-16T21:11:29.000Z"
      }
    ]
  },
  "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."
}