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Wednesday, September 16, 2026

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7 results for"USD 177 billion federal funding freeze"

Fed hikes interest rates by quarter-point

The Federal Reserve raised interest rates Wednesday for the first time in several years in the face of stubborn inflation. The central bank’s Federal Open Market Committee (FOMC), under Fed Chair Kevin Warsh, voted unanimously to increase the federal funds rate to a range of 3.75 percent to 4 percent. It marks the first time the…

House heading home early

Presented by SourceAmerica — Plus: 🗳️Trump campaigns with Whatley in North Carolina {beacon} It’s Wednesday, or Hump Day since the Geico camel commercials have returned 🐪 (“Uh oh…Guess what day it is?”). In today’s issue: Federal Reserve expected to raise rates Senate Republicans plan spending cuts Trump to campaign with Whatley Kash Patel strikes back…