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The Federal Reserve raised interest rates by a quarter percentage point to a range of 3.75% to 4% on September 17, 2026, as part of efforts to combat inflation. This decision may complicate President Trump's economic messaging ahead of the midterm elections, as higher borrowing costs could affect American families' financial situations.
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The Federal Reserve raised interest rates by a quarter percentage point to a range of 3.75% to 4% on September 17, 2026, as part of efforts to combat inflation. This decision may complicate President Trump's economic messaging ahead of the midterm elections, as higher borrowing costs could affect American families' financial situations.
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The Fed just threw a wrench in Trump's midterm economic message
Federal Reserve Raises Interest Rates Ahead of Midterm Elections