
Topic
Interest rates explained: How the Fed's rate lever works
The FOMC raised the federal funds target range by 25 basis points to 3.75 to 4.00 percent on September 16, 2026. How that lever reaches household loans.

The FOMC raised the federal funds target range by 25 basis points to 3.75 to 4.00 percent on September 16, 2026. How that lever reaches household loans.

Inflation is not one price going up. It is almost every price going up at once, and it quietly shrinks what your paycheck buys.