{
  "id": 8040008,
  "title": "US Dollar: Fed hike keeps upside risks – BBH",
  "url": "https://urgent.news/2026/09/17/us-dollar-fed-hike-keeps-upside-risks-bbh",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T14:34:24.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-dollar-fed-hike-keeps-upside-risks-bbh-202609171434"
  },
  "original_language": "en",
  "account": "Brown Brothers Harriman's Elias Haddad reports that the US Dollar (USD) is benefiting from a hawkish Federal Reserve (Fed) rate hike. The FOMC increased rates by 25 basis points, signaling that more work is needed to bring inflation back to target. This hawkish stance comes as 10-year Treasury yields retreat and S&P 500 futures rise. Fed Chair Kevin Warsh emphasized that inflation is still too high and has persisted for too long, with underlying inflation trends not improving significantly. The Fed's unanimous decision to raise rates reflects a global tightening trend, but the stronger US growth outlook keeps risks for the USD skewed upward.",
  "summary": "The US Federal Reserve raised interest rates by 25 basis points, bringing the federal funds rate target range to 3.75-4.00 percent. According to Brown Brothers Harriman, the US dollar is holding gains after the hawkish Fed hike. The Fed signaled that more work is needed to bring inflation back to target.\n\nThe ringgit, the currency of Malaysia, weakened against the US dollar following the Fed's decision. It fell to 4.0965/1010 against the greenback from Tuesday's close of 4.0835/0880. However, the ringgit gained against other major currencies, including the euro and the yen.\n\nThe Fed's decision is expected to have a continued impact on market sentiments, with investors now focusing on the Bank of Japan's rate decision. According to Dr Mohd Afzanizam Abdul Rashid of Bank Muamalat Malaysia Bhd, the Fed is unlikely to be done with its rate hikes, with further increases potentially on the horizon.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar rebound offsets the hawkish Fed hike",
        "url": "https://urgent.news/2026/09/17/australian-dollar-rebound-offsets-the-hawkish-fed-hike",
        "published": "2026-09-17T14:51:15.000Z"
      }
    ]
  },
  "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."
}