Published Sep 16, 2026, 2:55 AM ET · Updated 2 months ago · 16 sources

Fed raises rates a quarter point in first move of Warsh era

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Fed raises rates a quarter point in first move of Warsh era

The Federal Reserve raised interest rates a quarter point Wednesday, the first policy adjustment of Kevin Warsh's chairmanship, and hinted that another rate hike is on the way this year, as it seeks to bring inflation down more quickly.