FedSeptember 16 at 02:00 PM

US Fed Interest Rate Decision 4% vs. Exp. 4% (Prev. 3.75%)

StockNow breaking-news AI analysis

The Fed raised the benchmark rate by 25 basis points to 3.75%-4.00% as expected, responding to persistent inflation and energy price spikes.

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FOMC Summary of Economic Projections: Only 18 of 19 members submitted forecasts (expectations were for Warsh to not submit forecasts)

Fed hikes rates by 25bps to 3.75-4.00%, as expected; unanimous decision

FOMC STATEMENT COMPARE: