# Fed hikes rates for first time in three years

> US central bank raises rates as inflation fears grow.
- Title: Fed hikes rates for first time in three years · Dailymail
- Summary: US central bank raises rates as inflation fears grow. Federal Reserve increased interest rates by 0.25 percentage points to combat persistent inflation…
- Keywords: federal reserve, interest rates, inflation, fed, central bank, rate hike, consumer inflation, wholesale inflation, crude oil prices, news, entertainment, hikes
- Source: Dailymail — https://dailymail.com/yourmoney/article-16136345/federal-reserve-meeting-september-2026-rates.html?ito=1490&ns_campaign=1490&ns_mchannel=rss
- Published: 2026-09-16T19:35:46+00:00
- Read time: 1 min
- Topics: federal reserve, interest rates, inflation, us, fed, central bank, rate hike, consumer inflation, wholesale inflation, crude oil prices, news, entertainment
## Fed rate decision
Federal Reserve raised interest rates for first time in nearly three years.
## Rate increase details
Federal funds rate set at 3.75 percent to 4.00 percent.
## Market expectations
Wall Street traders predicted 95 percent chance of rate hike.
## Unanimous decision
Fed chair and committee members agreed on rate hike.
## Trump's stance
Trump demands rate cuts but Fed promises independence.
## Inflation trends
Consumer inflation at 3.4 percent, wholesale at 5.4 percent.
## Oil prices impact
Crude oil prices climb above $100 for first time since May.
## Fed chair's warning
Inflation too high and too long.

> The plain fact is that inflation is too high and has been for too long
## Gas prices rise
Gasoline prices average $4.37 per gallon.
## Future hikes likely
16 out of 18 Fed officials expect at least one more hike this year.
## Key takeaway

Federal Reserve increased interest rates by 0.25 percentage points to combat persistent inflation, warning of further hikes.