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US Fed raises rates as inflation, Middle East war weigh on US economy

The US Federal Reserve raised its benchmark interest rate by 25 basis points on Wednesday, marking its first rate increase read more US Fed raises rates as inflation, Middle East war weigh on US economy

Aggregated · originally by BusinessDay
17 Sept 2026, 09:15 WAT · 3 min read
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US Fed raises rates as inflation, Middle East war weigh on US economy

The US Federal Reserve raised its benchmark interest rate by 25 basis points on Wednesday, marking its first rate increase read more US Fed raises rates as inflation, Middle East war weigh on US economy