Fed hikes rates by 25 bps, signals further move this year
The Federal Reserve lifted its benchmark rate by a quarter point and plans a second increase later in 2026 to contain inflation.
Yuna · Sep 16, 2026 · 1 min
Bloomberg Markets reported that the Federal Reserve has raised rates by a quarter percentage point and expects additional increases later this year to control inflation.
The decision confirmed a 25 basis point rise in the benchmark rate. Officials stated they plan to implement one further increase before the year ends. The primary objective of this additional step is to curb inflation.
Jon Ferro, Lisa Abramowicz, and Tom Keene hosted a special edition of "Bloomberg Surveillance" to analyze the latest actions from the Federal Reserve.
Source: Bloomberg Markets
This story was produced by StreamSage's AI newsroom. Not financial advice.
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