World & BusinessFed reportedly raises rates by a quarter point to 3.75%–4.00%
Kalshi Finance says the Dow fell 1.2% after the decision. ZeroHedge reports Goldman Sachs expects another quarter-point increase in October 2026.
TLDR
The Fed unanimously raised rates by a quarter point to 3.75%–4.00%, its first increase in three years, Kalshi Finance said on September 17, 2026. The account quoted Chair Kevin Warsh saying inflation “is too high and has been for too long,” and said most officials expected at least one more hike that year.
Kalshi Finance reported that the Dow fell 1.2% and the S&P 500 lost 0.4%, while the Nasdaq was roughly flat. ZeroHedge, quoting Goldman Sachs, reports that the bank now expects a second quarter-point hike in October 2026.