{
  "id": 7886800,
  "title": "Why the Fed hiked interest rates this month",
  "url": "https://urgent.news/2026/09/16/why-the-fed-hiked-interest-rates-this-month",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T22:12:05.000Z",
  "source": {
    "name": "CBS News",
    "slug": "cbs-news",
    "url": "https://www.cbsnews.com/video/why-fed-hiked-rates-this-month/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Federal Reserve changed course and raised interest rates Wednesday for the first time since 2023. The rate hike will be an increase of 0.25 percentage points, bringing its target range to between 3.75% and 4%. Greg Robb, MarketWatch senior reporter and economics editor, joins CBS News with more.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CBS News",
        "title": "Trump says interest rates should be at \"1% or less\" as Fed hikes them for first time since 2023",
        "url": "https://urgent.news/2026/09/16/trump-says-interest-rates-should-be-at-1-or-less-as-fed-hikes-them",
        "published": "2026-09-16T23:22:29.000Z"
      }
    ]
  },
  "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."
}