Fed raises target range to 3.75–4%
The Federal Reserve’s 16 September statement records a unanimous quarter-point increase.
Source finding
The Federal Reserve’s 16 September statement records a unanimous quarter-point increase.
Our analysis
US borrowers face a tighter benchmark; savers should compare actual deposit rates rather than assume immediate pass-through.
What remains uncertain
The statement does not promise the next move.
Original source: Federal Reserve