WASHINGTON, DC – September 21, 2026 (STL.News) The Federal Reserve‘s first interest-rate increase in more than three years is rippling through U.S. financial markets, affecting Treasury bonds, mortgage rates, stocks and borrowing costs as policymakers confront inflation that remains above the central bank’s target. The Federal Reserve voted Wednesday unanimously to raise its benchmark federal-funds target range by 25 basis points to 3.75% to 4.00%. Federal Reserve Chairman Kevin Warsh said inflation remained the central problem facing policymakers even as the broader economy continued to demonstrate strength. The increase came despite opposition from President Donald Trump, who has advocated
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