The Latest Breaking News from US Federal Reserve

Kevin Warsh Struck a Hawkish Tone As The Fed Hiked Rates. Stocks Reversed Gains And Fell.

"The plain fact is that inflation is too high, and has been for too long," Warsh said.

International Business Times · Sep 16

US Fed chair Kevin Warsh explains why the Federal Reserve raised interest rates

The Federal Reserve increased interest rates by 0.25 percent. This action was driven by a strengthening US economy and rising inflation. Domestic spending remains resilient and job gains are keeping pace. Inflation has stubbornly stayed above the Federal Reserve's target for years. The central bank's focus remains on achieving price…

The Economic Times · Sep 16

Dollar Soars as Fed Hikes Rates and Signals More to Come

The dollar index (DXY00 ) rallied to a 1.5-month high on Wednesday and finished up by +0.64%. The dollar found support Wednesday on signs of US economic growth after Aug retail sales rose more than expected. The dollar raced to its high Wednesday afternoon after the FOMC raised interest rates...

Barchart · Sep 16

The Fed just delivered a unanimous rate hike, the first in three years, and no cuts through 2027

Inflation has been above 2% for five years. The Fed just decided that was long enough.

Fortune · Sep 16

Fed raises rates for the first time since 2023 in unanimous vote defying Trump

The Federal Reserve has raised its benchmark interest rate by a quarter point to a range of 3.75% to 4%, its first increase since July 2023, in a unanimous 12-0 vote that puts Chair Kevin Warsh directly at odds with the US president who appointed him.

Euronews · Sep 16

US Federal Reserve raises interest rates for the first time since 2023

Trump urges lower rates after central bank agrees increase by quarter-percentage point to range of 3.75% to 4%

The Guardian - US · Sep 16

Why the Fed raised interest rates and what it means for credit cards, mortgages and savers

One expert said that most credit cardholders will see their rates rise by a quarter-point over the next couple of months

The Independent UK · Sep 16

A 25 bps hike: US Federal Reserve raises interest rates for first time since 2023

The US Federal Reserve increased interest rates by twenty-five basis points on Wednesday. This move aims to control inflation that remains significantly above the central bank's target. Consumer inflation stayed at three point four percent in August, prompting this necessary action. Fed Chair Kevin Warsh faces a significant test of…

The Economic Times · Sep 16

‘Inflation is too high and has been for too long,’ says Kevin Warsh as Fed announces rate hikes – as it happened

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The Guardian - US · Sep 16

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian equities rebounded on September 16 after Tuesday’s sharp sell-off, with Sensex gaining 333 points and Nifty rising 99 points. Large caps led gains, while broader markets declined. Groww, Paytm and Pine Labs featured among the most active stocks.

The Economic Times · Sep 16