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The US Federal Reserve has raised its key interest rate by 25 basis points, taking the target range for the federal funds rate to 3.75%–4%. The decision was taken at the Federal Open Market Committee (FOMC) meeting held on September 15–16, 2026. The Fed said inflation remains elevated and that the latest policy action is aimed at supporting a timelier return to its 2% inflation goal.
This is the Federal Reserve’s first rate hike since July 2023. The central bank said economic activity has been expanding at a solid pace, while domestic spending remains resilient. At the same time, it noted that inflation continues to be elevated, making price stability a key consideration behind the latest rate decision.













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