US Federal Reserve hikes rates, sees more tightening in search of 'timelier' drop in inflation
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Source: The Jerusalem Post
Published: 2026-09-17 05:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, World News, US Politics, Business & Economy
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Snippet:
The US Federal Reserve (Fed) raised interest rates on Wednesday and flagged further increases in borrowing costs in the coming months, with new US central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's so-far inability to control inflation.
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