the United States Federal Reserve

“Inflation remains elevated. Today’s policy action will support a timelier return to the Committee’s 2 percent goal. The Committee will deliver price stability.”

the United States Federal Reserve · said 2026-09-16 · reported 2026-09-16

The Fed stated that its policy action would support a return to its 2 percent inflation goal amid elevated prices.

“Economic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient,”

the United States Federal Reserve · said 2026-09-16 · reported 2026-09-16

The Fed announced a quarter-point interest rate hike to a range of 3.75 to 4 percent, the first increase in more than three years.