GLOBEALERT
BUSINESS● LOWSep 17 · Sep 17, 2026, 4:37 PM

Fed raises interest rates for first time in 3 years, battling persistent inflation

idahostatejournal · united states of america · north america

WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on.

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