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

Federal Reserve hikes policy rate to 3.75-4%

The Fed raised rates by 25 basis points, its first hike since July 2023, and signaled more to come, strengthening the dollar and pushing up yields.

Marcus Vance
Markets Reporter
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As of 2026-09-19 10:03 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 U.S. Federal Reserve raised its policy rate by 25 basis points to 3.75-4% in a unanimous vote, its first rate hike since July 2023.[1]