Fed raises interest rates for first time in more than three years

NPR | By Scott Horsley

Published September 16, 2026 at 3:47 PM CDT

Facebook
Twitter
LinkedIn
Email

The Federal Reserve raised interest rates today Wednesday the first time in more than three years. The central bank is trying to curb stubborn inflation, which was rekindled by the war with Iran.

Tags

Business & Economy All Things Considered

Facebook
Twitter
LinkedIn
Email

Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent.

See stories by Scott Horsley