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On Wednesday, the chairman of the Federal Reserve announced with his colleagues that the central bank had raised interest rates by a quarter of a percentage point to a new range of 3.75 percent to 4 percent.
Simplified Text
The Federal Reserve raised interest rates by 0.25 percentage points to a new range of 3.75% to 4%.
Confidence Score
1.000
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "2026-09-16",
    "event": "Federal Reserve meeting",
    "statistic": "0.25 percentage point increase",
    "organization": "Federal Reserve",
    "new_rate_range": "3.75% - 4.0%"
}
UUID
aecf3ddb-4017-4bcf-9e21-ee2a1580af12
Vector Index
✗ No vector
Created
September 18, 2026 at 3:12 AM (3 weeks ago)
Last Updated
September 18, 2026 at 3:12 AM (3 weeks ago)

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Screenshot of https://nytimes.com/2026/09/17/business/economy/fed-interest-rates-warsh.html
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3 weeks ago
https://nytimes.com/2026/09/17/business/economy/fed-interest-rates-warsh.html

The Federal Reserve, led by Chairman Kevin M. Warsh, raised interest rates by a quarter of a percentage point, bringing the target range to 3.75 percent to 4 percent. Warsh indicated that further rate increases might be necessary to combat inflation, despite political pressure and economic uncertainties.

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