Federal Reserve expected to increase benchmark interest rate for first time in 3 years

Name: Federal Reserve expected to increase benchmark interest rate for first time in 3 years
Uploaded: 2026-09-16T11:23:00-0500
Duration: 1 min 36 s
Description: The Federal Reserve could be poised to raise the nation’s benchmark interest rate for the first time in more than three years in an effort to tamp down inflation. High fuel prices driven by the conflict in Iran and trade tariffs have led to higher prices for Americans at the pump and the grocery store, but President Trump wants the Fed to lower interest rates, not raise them.

The Federal Reserve could be poised to raise the nation’s benchmark interest rate for the first time in more than three years in an effort to tamp down inflation. High fuel prices driven by the conflict in Iran and trade tariffs have led to higher prices for Americans at the pump and the grocery store, but President Trump wants the Fed to lower interest rates, not raise them.