# Fed raises rates after three-year pause

> The Federal Reserve hikes interest rates for the first time since 2023, marking a major shift in monetary policy.
- Title: Fed raises rates after three-year pause · NPR | Shortify
- Summary: The Federal Reserve hikes interest rates for the first time since 2023, marking a major shift in monetary policy. The Federal Reserve has raised interest…
- Keywords: federal reserve, interest rates, monetary policy, economy, inflation, fed, rate hike, scott horsley, npr, news, raises, rates
- Source: NPR — https://npr.org/2026/09/16/nx-s1-5968724/federal-reserve-interest-rates-inflation-economy
- Published: 2026-09-16T00:00:00+00:00
- Read time: 1 min
- Topics: federal reserve, interest rates, monetary policy, economy, inflation, fed, rate hike, scott horsley, npr, news
## Fed raises rates again
The Federal Reserve has raised interest rates for the first time in over three years.
## Breaking a long pause
This marks the end of a three-year period without rate increases, signaling a shift in Fed policy.
## Targeting inflation concerns
The rate hike comes as the Fed works to manage inflation and stabilize the economy.
## What this means for borrowers
Higher rates will make loans, mortgages, and credit cards more expensive for consumers and businesses.
## Economic policy shift
The move represents a major change in the Fed's approach to managing economic growth and price stability.
## Key takeaway

The Federal Reserve has raised interest rates for the first time in over three years.