| Source | CBS Local |
|---|---|
| Original Load Date | Sept. 16, 2026, 7:01 p.m. |
| Last Updated | Sept. 16, 2026, 7:01 p.m. |
| Original URL | https://www.cbsnews.com/chicago/news/raised-interest-rates-federal-reserve-september-2026/ |
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For the first time in more than three years, the [ Federal Reserve raised
interest rates by a quarter of a percentage point ][9] .
This comes as policymakers try to control inflation, but it could mean higher
borrowing costs.
Whether you're carrying a balance on a credit card, thinking about buyi...