| Source | ABC Local |
|---|---|
| Original Load Date | Sept. 16, 2026, 5 a.m. |
| Last Updated | Sept. 16, 2026, 5 a.m. |
| Original URL | https://abc7chicago.com/story/federal-reserve-expected-raise-interest-rates-first-time-2023/19838663/ |
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The Federal Reserve on Wednesday will issue a decision on the level of interest
rates as the United States weathers a months-long bout of elevated inflation set
off by the Iran war.
Global oil prices are hovering near a four-month high and the average price for
a gallon of gasoline tops $4.30, acco...