Fed meeting live updates: Rate hike expected for the first time in three years — Live Feedhttps://www.live-feeds.com/feed/fed-meeting-live-updates-rate-hike-expected-for-the-first-time-in-three-yearsContinuously updated, source-cited coverage. Federal Reserve raises interest rates for first time since 2023https://www.live-feeds.com/feed/fed-meeting-live-updates-rate-hike-expected-for-the-first-time-in-three-yearshttps://www.live-feeds.com/feed/fed-meeting-live-updates-rate-hike-expected-for-the-first-time-in-three-years#u73113Thu, 17 Sep 2026 17:15:32 +0000The Federal Reserve increased its benchmark interest rate by 25 basis points on Wednesday, September 17, marking the first hike in three years. Fed Chair Kevin Warsh led the decision to combat stubbornly high inflation, signaling that one additional rate increase may occur before the end of the year. The move defied public demands from President Donald Trump for lower rates. Following the announcement and comments from Warsh, the Dow Jones Industrial Average fell between 631 and 700 points.Why it mattersThe decision reflects a tension between the central bank's inflation mandate and polit