OE | 𝔗𝔥𝔢 𝔒𝔭𝔢𝔫 𝔈𝔠𝔬𝔫𝔬𝔪𝔦𝔰𝔱 | Issue #23 Sep 17, 2026 |
The Take
THE FED JUST RAISED RATES FOR THE FIRST TIME SINCE 2023
| The Fed hiked rates a quarter point this week to 3.75%-4%, its first increase since 2023, as it fights oil-driven inflation. The vote was unanimous, and most officials signalled another hike could come before year-end. For a decade the story was cuts. That era is over, and borrowing is about to get more expensive. |
By The Open Economist