The Fed just raised rates for the first time since 2023. What might that mean for consumers?

The Fed just raised rates for the first time since 2023. What might that mean for consumers?

By Bryan Renbaum
September 17, 2026

Financial analysts agree that Wednesday's unanimous decision by the central bank's FOMC (Federal Open Market Committee) to raise rates by 0.25 points-the first rate increase since 2023-will have an impact on borrowing costs. [...]

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