Fed raises key interest rate by quarter point in 1st hike since July 2023
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Source: South Korea
Published: 2026-09-17 04:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Energy, Economy & Finance, US Politics, Business & Economy
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Snippet:
WASHINGTON, Sept. 16 (Yonhap) -- The U.S. Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, marking the central bank's first hike since July 2023, amid persistent inflation and high oil prices.
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