Economy

Here are five key takeaways from Wednesday's Fed rate hike

The Fed on Wednesday delivered a much-expected interest rate hike.

Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike

The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.

Jeff Gundlach says the Fed should have hiked rates by more to fight rising inflation

The Fed should have hiked rates by half percentage point rather than a quarter, the investor told CNBC.

Chiefs Star Travis Kelce is Named Among Victims of $35m Ponzi Scheme

Siddharth Jawahar Gets 11 Years in Prison for Fraud

Boeing CEO: 737 Max production taking 'a little bit longer' to stabilize than expected

Boeing CEO Kelly Ortberg said wing production at its Renton, Washington, factory is a hold up, adding the company has plans to address it.

Now that the Fed raised rates, where to score the best yields on your cash

From money market funds to Treasury bills, where experts are stashing their cash — and some of the yields they're finding.

How much interest can a $50,000 3-year CD account earn if opened now?

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US Federal Reserve raises interest rates for the first time since 2023

Fed committee votes unanimously to raise interest rate by a quarter-percentage point to a range of 3.75% to 4%

What are the monthly payments on a $90,000 home equity loan now?

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Will a CD or a high-yield savings account be better to open after the Fed's rate hike?

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The Federal Reserve just raised interest rates for the first time since 2023. Here's how mortgage rates may respond.

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Federal Reserve raises interest rates for the first time since 2023

Updated on: September 16, 2026 / 8:01 PM EDT / CBS News