Businessscore 114·2 metrosupdated 10m ago

Federal Reserve Set to Raise Interest Rates for First Time Since 2023

The Federal Reserve is expected to raise interest rates by a quarter-point, marking its first hike since 2023 amid rising inflation and economic strain. This decision comes just before the midterm elections, as the U.S. faces elevated oil prices and a bond selloff.

Where it's breaking

New YorkLos AngelesHoustonRaleigh–DurhamChicagoPhiladelphiaBaltimoreRichmondDetroitHampton Roads

Local coverage

Sources cited

Original outlets that filed on this story across the contributing metros. Click through for the underlying coverage.

What this is

A national rollup is a story Executive Producer detected breaking in multiple US metros at once. Each contributing market has its own deduplicated cluster from local broadcast, print, government, and community sources — this page links them together so a journalist can see the full national footprint. We are a pointer, not a publisher.Every linked headline goes back to the local cluster and from there to the original outlet — that's the URL to cite. A lead, not the law.