Fed Raises Interest Rates Under New Chair Warsh

In September 2026, the US Federal Reserve raised interest rates for the first time under its new chair, Warsh. The move is aimed at containing inflation and marks the Fed's first major rate hike in this cycle.

Stock markets in the US and Europe rose after the decision, while the dollar reached a seven-week high. US Treasury yields fell as investors reacted to the Fed's action. The Bank of England left its own rates unchanged.