Cbsnews iconCbsnewsSep 16, 2026

Examining the Fed's reasons for raising interest rates after 3 years

Wednesday raised interest rates by one-quarter of a percentage point in its first rate increase since 2023.

Examining the Fed's reasons for raising interest rates after 3 years

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Wednesday raised interest rates by one-quarter of a percentage point in its first rate increase since 2023.

Wednesday raised interest rates by one-quarter of a percentage point in its first rate increase since 2023. CBS News' Kelly O'Grady and Nancy Cordes report.

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Wednesday raised interest rates by one-quarter of a percentage point in its first rate increase since 2023. CBS News' Kelly O'Grady and Nancy Cordes report.

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CBS News' Kelly O'Grady and Nancy Cordes report.

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