BusinessNews brief
Fed raises interest rates for the first time in over 3 years
The Federal Reserve raised its benchmark interest rate as expected on Wednesday, marking a sharp policy turnaround for an economy increasingly shaped by the war in the Middle East.
Sources and context
CnnSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-17. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.