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

Federal Reserve raises rates 0.25% in first hike since July 2023

The central bank set the federal funds range to 3.75% to 4% on September 16 2026, citing elevated inflation.

Priya Anand
Markets Analyst
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Stands on 6 placed sources from 3 publishers and 1 first-party instrument reading.
As of 2026-09-27 03:32 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 the federal funds rate by 0.25% on September 16 2026, bringing the benchmark rate to a range of 3.75% to 4%. This marks the first rate increase from the central bank since July 2023 [2].