Federal Reserve raises interest rates for the first time since 2023

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Community Watch System Admin Verified Rancho Cordova, CA 95742 Sep 17, 2026 1:00 am

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The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.

Original source: https://www.cbsnews.com/news/fed-interest-rate-decision-today/

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