GlobalNews411

Comprehensive reporting, aggregated for speed.

allentown

Federal Reserve raises interest rates 0.25% — first increase in 3 years

The Federal Reserve voted unanimously to lift its benchmark rate by 0.25%, the first rate increase in three years.

Published Sep 16, 2026, 3:00 PM EDT | LehighValleyLive

The Federal Reserve raised interest rates by 0.25% for the first time in three years in a unanimous 12-0 vote.