Fed Meeting Today: Warsh, FOMC Raised Interest Rates by 0.25 Percentage Point

Live updates

1. 28d ago

   Federal Reserve Targets Real-Time Data Over Traditional Stats

   Federal Reserve Chairman Kevin Warsh is leading a major pivot toward real-time economic data to replace slow and error-prone traditional government statistics within one year. Warsh is creating task forces with international experts to build new data collection methods and independent institutional advice. This strategic shift follows a recent unanimous Federal Reserve vote lifting the benchmark interest rate to a target range of 3.75%-4.00% to combat elevated inflation. Meanwhile, financial markets reacted as IT stocks rebounded sharply on Thursday following the prior policy tightening.

   Why it matters

   Central bank policy decisions rely heavily on government economic metrics that critics argue lag behind real market conditions. Modernizing data collection aims to sharpen policy responses to inflation and economic volatility. This operational overhaul runs parallel to aggressive monetary tightening aimed at returning inflation to the 2% target.

   What is confirmed

   • Federal Reserve Chairman Kevin Warsh is spearheading a shift toward real-time economic data to replace traditional government statistics within a year.
   • The Federal Reserve lifted its benchmark interest rate to a target range of 3.75%-4.00% in a unanimous vote.

   Still unconfirmed

   • Task forces including international experts are currently being established to explore new data collection and analysis techniques.

   What to watch next

   • Progress reports from the newly established task forces on real-time data collection
   • Subsequent FOMC rate decisions regarding further monetary tightening
   Sources used for this update (5)

   1. www.fedchirp.com — Fed Chirp — Listening to the Federal Reserve
   2. economictimes.indiatimes.com — KEVIN WARSH NEWS CONFERENCE TODAY - The Economic Times
   3. www.todayrates.us — US Interest Rates Today
   4. www.todayrates.us — Fed Interest Rate Today (EFFR) | Updated Daily | TodayRates
   5. fomcdiff.com — Historical FOMC Statements - fomcdiff.com
   confidence 90%
2. 32d ago

   Federal Reserve Signals More Rate Hikes Following Quarter-Point Increase

   The Federal Reserve lifted its benchmark interest rate to a target range of 3.75%-4.00% in a unanimous vote, marking the first rate hike in three years. Federal Reserve Chair Kevin Warsh warned that inflation remains elevated, prompting the central bank to leave further monetary tightening on the table. Federal Reserve Governor Michael Barr signaled a hawkish stance, stating that additional rate hikes will likely be needed to bring inflation back to the 2% target. The policy shift has triggered immediate effects on consumer borrowing costs and financial markets.

   Why it matters

   The central bank decided to raise rates to combat stubborn inflation despite an overall strengthening economy, ending a policy pause that had been in place since July 2023. This recent adjustment has renewed fierce debate over forward guidance, economic growth, and the broader impact of monetary policy on global risks. Market observers continue to parse official commentary to gauge the timing and scale of potential future tightening actions.

   What is confirmed

   • The Federal Reserve raised its benchmark interest rate by 0.25 percentage points to a target range of 3.75%-4.00% in a unanimous vote.
   • Chair Kevin Warsh stated that inflation remains elevated and warned that it may stay high, prompting more tightening to remain on the table.
   • Federal Reserve Governor Michael Barr said on September 23 that additional rate hikes will likely be needed to bring inflation back to the 2% target.

   Still unconfirmed

   • J.P. Morgan Global Research projects the Federal Reserve will hike rates again in December.

   What to watch next

   • The release of the Personal Consumption Expenditures price index data on September 30.
   • The jobs report scheduled for release on October 2.
   • Upcoming Consumer Price Index figures and commentary from Federal Reserve officials regarding October FOMC odds.
   Sources used for this update (12)

   1. www.federalreserve.gov — Federal Reserve Board - Recent Postings
   2. www.afr.com — ANZ, CBA join two big rivals in forecasting RBA rate rise next week
   3. spectrumlocalnews.com — Federal Reserve raises interest rate a quarter percentage point, first hike in 3 years
   4. www.briefs.co — Fed lifts rates to 3.75% to 4.00% in unanimous vote, with more tightening still on the table
   5. kimkj.com — [AI Library] Trump, the Diplomacy of Insult – Chapter 35: Trump's War with the Fed
   6. finance.biggo.com — Fed's Barr Signals Clear Hawkish Stance: "Further Rate Hikes ...
   7. scbiz.com — Economist: We do not need ‘Forward Guidance’ - SCBiz
   8. dollarbureau.com — The Fed raised rates - Dollar Bureau
   9. www.cnbc.com — How the Fed rate hike raises borrowing costs for ... - CNBC
   10. www.jpmorgan.com — What’s The Fed’s Next Move? | J.P. Morgan Global Research
   11. admiralmarkets.com — Fed Williams Speech on 29 September 2026: Treasury Yields and October Hike Odds
   12. admiralmarkets.com — Fed Williams Speech Today: What to Know After the Hike
   confidence 95%
3. 44d ago

   Federal Reserve Hikes Interest Rates to 3.75%-4.00%

   The Federal Reserve increased its benchmark interest rate by 0.25 percentage points, bringing the target range to 3.75%-4.00%. Chair Kevin Warsh stated that inflation remains elevated despite an overall strengthening economy. This move ends a pause that lasted since July 2023. The decision triggered initial stock market volatility and prompted President Donald Trump to threaten trade tariffs. Economist Justin Wolfers criticized these threats, claiming the link between tariffs and central bank policy makes no economic sense.

   Why it matters

   The shift back to a tightening stance aims to lower inflation. This policy change occurs amid political tension regarding the independence of the central bank.

   What is confirmed

   • The Federal Reserve raised interest rates by 0.25 percentage points.
   • The new interest rate range is 3.75%-4.00%.
   • This is the first rate hike since July 2023.

   Still unconfirmed

   • President Donald Trump threatened trade tariffs in response to the Fed rate decision.
   • The yen slid to 157.58-60 per dollar during Tokyo trading on September 18.

   What to watch next

   • Bank of Japan decision on interest rates
   • Future Federal Reserve rate decisions
   • Implementation of proposed trade tariffs
   Sources used for this update (3)

   1. admiralmarkets.com — Fed Raised Interest Rates to 3.75%-4.00%: What It Means for Markets
   2. finance.yahoo.com — Trump’s Tariff Threat Over Fed Rate Decision ‘Makes No Economic Sense,’ Says Justin Wolfers: Kevin Warsh 'Called His Bluff’
   3. finance.biggo.com — Dollar-Yen Holds Upper 155 Range Ahead of BOJ Decision; Focus on Governor Ueda's Hawkishness
   confidence 90%
4. 45d ago

   Federal Reserve Raises Interest Rates by 0.25 Percentage Points

   The U.S. Federal Reserve raised its benchmark interest rate by 0.25 percentage points, marking the first rate hike since July 2023. Federal Reserve Chair Kevin Warsh stated the economy appears to be strengthening overall, but inflation remains elevated. The quarter-point increase aims to tame inflation and shifts the central bank back to a tightening stance after a multi-year pause. Markets reacted with initial volatility as U.S. stocks fell following the announcement, while stock futures experienced mixed movements earlier in the day.

   Why it matters

   This policy shift breaks a multi-year holding pattern and restarts a rate-hike cycle not seen since 2023. The decision to tighten monetary policy amid ongoing inflation pressures risks political fallout ahead of the November election, drawing immediate criticism from Donald Trump. Investors are closely monitoring subsequent market recovery and central bank rhetoric for signs of additional hikes.

   What is confirmed

   • The U.S. Federal Reserve raised its benchmark interest rate by 0.25 percentage points.
   • This policy adjustment is the first rate increase by the central bank since July 2023.
   • Federal Reserve Chair Kevin Warsh stated that the economy appears to be strengthening overall, but inflation remains elevated.
   • U.S. stocks fell following the Federal Reserve rate increase.

   Still unconfirmed

   • Jim Cramer warned that buying stocks now means fighting the Federal Reserve.

   What to watch next

   • Further signals or announcements regarding additional interest rate hikes from Federal Reserve Chair Kevin Warsh
   • Subsequent reactions from financial markets and Wall Street recovery trends
   • Political responses from Donald Trump and other officials regarding the central bank decision ahead of the November election
   Sources used for this update (10)

   1. WSJ — Fed Meeting Today: Dow Futures Edge Up as Investors Await Warsh Rate Decision
   2. Investopedia — Stock Market Today: Futures Edge Higher Ahead of Fed Decision on Interest Rates; Oil Prices, Treasury Yields Tick Lower
   3. CNBC — Jim Cramer warns that buying stocks now means 'fighting the Federal Reserve'
   4. Yahoo Finance — S&P 500, Nasdaq, Dow Futures Inch Higher As Investors Digest First Rate Hike Since 2023 — INTC, GOOGL, AAPL, SKHY, UAL In Focus
   5. WSJ — U.S. Stocks Fall After Fed Rate Increase
   6. news.sbs.co.kr — Base Rate Raised by 0.25 percentage points Amid Inflation Pressures... Hinting at Additional Hikes
   7. mainichi.jp — US Fed raises key interest rate for 1st time since 2023
   8. news.sbs.co.kr — Fed Raises Benchmark Interest Rate by 0.25 Percentage Points Amid Inflation Pressure... Signals Potential Further Hikes
   9. insurancenewsnet.com — Fed raises rates by quarter-point to tame inflation, risking Trump's ire before November election
   10. nnn.ng — Fed Chair Kevin Warsh Raise Rate, Wall Street Dey Recover
   confidence 95%