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Yeshiva World News · Sep 16, 2026

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BREAKING: The Federal Reserve raised interest rates by 0.25%, its first rate hike since 2023, bringing its benchmark rate to a range of 3.75%-4.00% as inflation climbs. The move comes despite calls from President Trump for lower rates. Inflation rose to 3.4% in August amid surging oil and gas prices following the war with Iran.

*BREAKING:* The Federal Reserve raised interest rates by 0.25%, its first rate hike since 2023, bringing its benchmark rate to a range of 3.75%-4.00% as inflation climbs. The move comes despite calls from President Trump for lower rates. Inflation rose to 3.4% in August amid surging oil and gas prices following the war with Iran.

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