https://www.live-feeds.com/feed/fed-expected-to-hike-interest-rates-for-first-time-since-2023-see-what-it-means-for-your-moneyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fed-expected-to-hike-interest-rates-for-first-time-since-2023-see-what-it-means-for-your-moneyhttps://www.live-feeds.com/feed/fed-expected-to-hike-interest-rates-for-first-time-since-2023-see-what-it-means-for-your-money#u72188Thu, 17 Sep 2026 05:25:14 +0000The Federal Reserve has increased the benchmark federal funds rate for the first time in three years. Policymakers took this action to combat stubborn inflation that remains well above the central bank's 2% target. The move comes despite demands from Donald Trump for the Fed to avoid rate hikes. Analysts suggest the increase is intended to curb rising prices and maintain the credibility of the central bank, though investors are warned to expect short-term volatility in the stock market.Why it mattersThe Fed has held rates steady since 2023 while attempting to stabilize the economy. This d