US interest rates raised for first time in three years
Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"
— Donald Trump , Politician
"inflation is too high and has been for too long"
— Kevin Warsh , Executive
"This is going to make everything become more expensive."
— Chuck Schumer , Politician
Key People
Locations
All Coverage
Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.
Similar Stories
Related coverage based on topic and tags
Fed's Collins says she supported rate hike, warns of elevated inflation risks - Reuters
Fed's Collins says she supported rate hike, warns of elevated inflation risks Reuters
September 22, 2026 at 09:27 PMDollar at 2-month highs as markets weigh rate hikes, Iran diplomacy - Reuters
Dollar at 2-month highs as markets weigh rate hikes, Iran diplomacy Reuters
September 23, 2026 at 01:43 AMThere's a reason Trump is the only one talking about 1% interest rates - Reuters
There's a reason Trump is the only one talking about 1% interest rates Reuters
September 23, 2026 at 12:37 PMDollar perched at two-month high as hot PMI fuels inflation fears, rate hike bets - Reuters
Dollar perched at two-month high as hot PMI fuels inflation fears, rate hike bets Reuters
September 24, 2026 at 02:02 AMFed rate hike cycles have a history of denting US stock prices - Reuters
Fed rate hike cycles have a history of denting US stock prices Reuters
September 24, 2026 at 05:03 AMMounting inflation pressures put more Fed rate hikes in view - Reuters
Mounting inflation pressures put more Fed rate hikes in view Reuters
September 23, 2026 at 06:15 PM