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October 10, 2026 1:41 am
US Federal Reserve hikes interest rate to 3.75-4% range; first time since 2023

The US Federal Reserve’s hike decision comes on the back of persistent inflation and a broader increase in global borrowing costs. Inflation has remained stubbornly elevated, while borrowing costs around the world have m…

The US Federal Reserve’s hike decision comes on the back of persistent inflation and a broader increase in global borrowing costs. Inflation has remained stubbornly elevated, while borrowing costs around the world have moved higher.

Source: The Times of India — Top Stories

🔑 Key Takeaways

  • Wire dispatch directly ingested from Times of India.
  • Published at Wed, 16 Sep 2026 18:02.
  • Source URL: https://timesofindia.indiatimes.com/business/international-business/us-federal-reserve-chair-kevin-warsh-led-fomc-hikes-interest-rate-to-3-75-4-range-first-time-since-2023/articleshow/134292267.cms