US Federal Reserve raises interest rates for first time in three years

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Source: The Age
Published: 2026-09-17 04:09 UTC+10:00
Section: World / North America
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Energy, Economy & Finance, World News, US Politics, Business & Economy, War & Conflict
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Snippet:
Washington: The US Federal Reserve has lifted interest rates for the first time in three years in a bid to rein in persistently high inflation fuelled by the ongoing war with Iran and its impact on the cost of energy.
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