Federal Reserve raises federal funds target to 3.75%-4.00%

monetary_policy2026-09-19 13:50:52 UTCimp 0.87KREF -0.35STWD -0.34CRM -0.28

On September 16, 2026, the Federal Open Market Committee voted 12–0 to raise the target range for the federal funds rate by 25 basis points to 3.75%–4.00%. It was the Federal Reserve’s first rate increase since July 2023 and followed persistent inflation pressures, with higher energy prices cited in supplied coverage as a recent driver.

Occurred 2026-09-16 18:00:00 UTCSurprise 0.28Confidence 0.98

Rationale

Multiple contemporaneous reports and the supplied grounded context identify a completed FOMC action, not merely the previously scheduled meeting: a 25-basis-point increase to 3.75%-4.00%, with a 12-0 vote. This is a broad, forward-looking monetary-policy catalyst, so importance remains high, but the hike was heavily anticipated, with reported probabilities around 87%-93%, making the surprise relatively limited. The exact second is estimated from the announced 2:00 p.m. ET release, equivalent to approximately 18:00 UTC; confidence in the date and policy action is very high, while second-level timestamp precision is slightly less certain. Approved stakeholders are limited to supplied symbols with explicit rate-sensitive causal channels; Chevron is excluded because the context does not establish a direct Fed-hike-driven change to its future fundamentals.

EventsFederal Reserve 2026 Inflation and Rate-Hike Debate

Evidence

zerohedge2026-09-16 18:00:13 UTCOpen source

*FED UNANIMOUSLY RAISES BENCHMARK RATE 25 BPS TO 3.75%-4% RANGE

kobeissi_letter2026-09-16 18:00:20 UTCOpen source

BREAKING: The Federal Reserve officially hikes interest rates by 25 basis points, marking its first rate hike since July 2023.

This ends the longest Fed interest rate pause since 2008.

fast_stock_market_news2026-09-16 18:33:20 UTCOpen source

Warsh says key markers have improved in recent months and that inflation remains elevated, opening the press conference after the FOMC raised rates by a quarter point.

first_squawk2026-09-16 18:38:27 UTCOpen source

FED’S WARSH SAYS THE FOMC DECIDED INFLATION HAS NOT MET THE TEST OF MOVING TOWARD 2% ON A TIMELY BASIS, DESPITE EXPRESSING READINESS TO ACT IN JULY.

Gold falls more than 1% after Fed hikes interest rates

reuters2026-09-16 19:35:38 UTCOpen source

The Fed raised the benchmark overnight interest rate by a quarter of a percentage point to the 3.75%-4.00% range, with chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's inability so far to control inflation.

Highlights From Fed Chairman Warsh’s News Conference

bloomberg2026-09-16 21:47:30 UTCOpen source

Federal Reserve Chairman Kevin Warsh speaks after the central bank's decision to raise interest rates by 25 basis points.

The Key Takeaways from Kevin Warsh's Press Conference — WSJ

dow_jones2026-09-16 21:36:00 UTCOpen source

Following the Federal Reserve's first tightening move in three years, Chairman Kevin Warsh then had to take to the podium.

bloomberg2026-09-16 23:50:09 UTCOpen source

President Donald Trump demanded an interest-rate cut after the Federal Reserve raised rates by a quarter percentage point, defying his repeated calls for lower borrowing costs. https://t.co/aYWgrRkwSy

StanChart Sees Higher Oil Floor as Hormuz Crisis Spreads to Saudi Export Routes

oilprice2026-09-17 00:00:00 UTCOpen source

The Federal Reserve raised interest rates by 25 basis points on Wednesday to a range of 3.75% to 4.00%, its first rate hike since 2023, as policymakers responded to renewed inflationary pressure.

Global Market Today: Asian stocks tick higher as markets weigh further Fed hikes

zerodha pulse2026-09-17 01:00:00 UTCOpen source

This decision led to a dip in Asian sovereign bonds and the dollar, while gold maintained its losses.

Australia shares edge higher as banks gain, oil prices extend losses

reuters2026-09-17 01:32:27 UTCOpen source

Overnight, the U.S. Federal Reserve unanimously raised its benchmark interest rate by 25 basis points, and central bank chief Kevin Warsh pointed to a growing need for further policy tightening.

Asian Stocks Mixed, Bond Yields Fall After Fed's Rate Hike

dow_jones2026-09-17 03:13:00 UTCOpen source

On Wednesday, the U.S. central bank unanimously raised the benchmark federal-funds rate by a quarter percentage point to a range between 3.75% and 4%.

The move marked a sharp policy reversal, beginning to unwind rate cuts made last year

Fed Chair Kevin Warsh struck a decidedly hawkish tone, saying that "inflation is too high and has been for too long."

Bitcoin Dips Below $77,000 After Senate Bill Fails and Fed Hikes Rates

2026-09-17 01:27:46 UTCOpen source

The next day, the Federal Reserve hiked interest rates by 25 basis points to 3.75%-4%, its first increase since 2023 due to inflation and oil prices.

Indian shares rise on bargain buying, Fed, oil cap gains

reuters2026-09-17 05:15:07 UTCOpen source

The U.S. Federal Reserve raised interest rates by 25 basis points in

China, HK benchmarks slip as gold stocks fall on US rate hike

reuters2026-09-17 05:14:03 UTCOpen source

The Federal Reserve raised interest rates on Wednesday and flagged more hikes in the coming months, setting a more hawkish tone than markets expected.

Asian Stocks Trade Mixed After Fed's Rate Hike — Update

dow_jones2026-09-17 05:28:00 UTCOpen source

The U.S. central bank unanimously raised the benchmark federal-funds rate by a quarter percentage point to a range of between 3.75% and 4%.

Fed Chairman Kevin Warsh struck a decidedly hawkish tone, saying that "inflation is too high and has been for too long."

Bitcoin Rises as U.S. Stock Futures Point to Recovery — Market Talk

dow_jones2026-09-17 07:05:00 UTCOpen source

The Fed lifted rates by 25 basis points, which was more than 90% priced by markets, according to LSEG.

the unanimous vote in favor of the move along with officials' projections for at least one more rate increase

‘So many loopholes’: Democratic House leader Jeffries flags concerns over Russia sanctions bill – US politics live

guardian2026-09-17 10:26:12 UTCOpen source

Donald Trump responded to the Federal Reserve’s unanimous decision on Wednesday to raise its benchmark interest rate by a quarter-percentage point, to a range of 3.75% to 4%, by demanding a massive cut in rates.

Bitcoin Holds Above $76,500 Despite Rate Hike, Outflows — Update

dow_jones2026-09-17 12:51:00 UTCOpen source

the Federal Reserve raised interest rates for the first time in three years.

Though a quarter-point rate hike was widely expected

Most Fed officials penciled in one more rate increase this year.

SPY Rebounds Above 760 After Fed's First Rate Hike Since 2023

2026-09-17 14:50:05 UTCOpen source

The Federal Reserve raised the federal funds rate by 25 basis points to 3.75%-4% on September 16, its first hike in three years amid high inflation and a strong economy.

first_squawk2026-09-17 20:16:47 UTCOpen source

helping markets absorb the FEDERAL RESERVE’S FIRST RATE HIKE SINCE 2023.

Diesel Prices Keep Pressure on Fed and Markets

bloomberg2026-09-19 13:40:40 UTCOpen source

The Federal Reserve unanimously raised its benchmark rate by a quarter point as policymakers confront inflation that remains above target and uncertainty tied to geopolitical developments.