The Federal Reserve’s September 16, 2026 decision lifted the federal funds target range from 3.50%–3.75% to 3.75%–4.00% via a 25 basis point rate hike.

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“The Federal Reserve voted to raise interest rates by 25 basis points on Wednesday to a range of 3.75%-4% amid persistently high inflation.”

Source: finance.yahoo.com https://finance.yahoo.com/economy/policy/live/federal-reserve-meeting-live-updates-chairman-kevin-warsh-143452661.html?fr=sycsrp_catchall
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