September 2026: the Fed raised rates for the first time in three years
A unanimous committee lifted its target range a quarter point, a year after it began cutting.
Kivorent News desk, published , 1 min read
3.75–4.00%Fed target range after the September 2026 increase
This is a look back at an event from . We wrote it on November 11, 2026, from the sources listed at the end.
The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on September 16, 2026, to a range of 3.75% to 4.00%. The vote was 12 to 0.
What the statement said
The economy was growing solidly, with resilient consumer spending, strong productivity and robust business investment. Hiring was keeping pace with the labor force. Inflation remained elevated, and the committee said the increase should help return it to 2%.
The reversal
Exactly one year earlier, in September 2025, the Fed had started cutting rates because it was worried about jobs. Three cuts took the range down to 3.50% to 3.75%. This increase undid the last of them.
At the following meeting, in October, the Fed held, with two members voting to go higher.
This article is general information. It is not investment advice, and trading involves the risk of losing money.
Sources
- Federal Reserve issues FOMC statement, Federal Reserve, September 16, 2026
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