The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

Fed raises rates first time in three years, PCE data to set October hike odds

War-driven energy inflation prompted the September move, with markets awaiting Wednesday's inflation print.

Priya Anand
Markets Analyst
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As of 2026-09-30 08:02 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
The Federal Reserve raised interest rates for the first time in three years in September 2026, after the US-Israeli war drove up energy prices and stoked inflation. [1]