GLOBEALERT
BUSINESSLOW2h ago · Sep 16, 2026, 6:14 PM

Fed votes to raise interest rates by 0.25 percentage points

CBS News · north america

The Federal Reserve voted unanimously Wednesday to raise interest rates by 0.25 percentage points in the first hike since July 2023. CBS News' Kelly O'Grady reports and Jim Baird, CFO for Plante Moran Financial Advisors, joins with analysis.

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