Rates & Fed · September 18, 2026 · 1 min read

The Fed raised rates to 3.75%-4%

Published September 18, 2026 • Updated September 23, 2026

Reviewed by Econ Data Tools editorial QC

The Fed raised its target range a quarter point on Sept 16, on a 12-0 vote, as consumers show strain.

On Sept 16 the Fed raised its target range a quarter point, to 3.75%-4%, on a 12-0 vote, saying inflation "remains elevated." New projections put the policy rate at 4.00%-4.25% by the end of 2026. Consumers are already strained: Michigan sentiment fell to a preliminary 47.8 in September, and year-ahead inflation expectations rose to 4.6%.

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