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    Examining the Fed's reasons for raising interest rates after 3 years

    CBS News
    September 16, 2026
    via CBS News

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    Examining the Fed's reasons for raising interest rates after 3 years

    The Federal Reserve on Wednesday raised interest rates by one-quarter of a percentage point in its first rate increase since 2023. CBS News' Kelly O'Grady and Nancy Cordes report.

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