The new york times ran live coverage of the Federal Reserve’s decision to raise its benchmark federal funds rate to a target range of 3.75%–4.00% on Sept. 16, 2026, reporting the move in minute-by-minute updates.
In its live blog, The New York Times said the Fed’s action lifted the policy rate to a new 3.75 percent to 4 percent range and noted the committee’s vote supported the change. The Fed confirmed the quarter-point increase in its official notice and meeting materials.
Market outlets and live-update pages ran simultaneous coverage: Yahoo Finance and CNN carried live updates describing a 25‑basis‑point hike, and TradingEconomics updated its U.S. interest-rate page to show the new 3.75%–4.00% target range.
The New York Times live feed is part of the paper’s ongoing live reporting format, which it has used for major economic announcements; the site’s live coverage page explains how the outlet bundles minute-by-minute dispatches, analysis and official statements.
Why it matters: the Fed’s announcement sets the short-term policy rate that underpins mortgage and loan pricing and was widely flagged in market commentary ahead of the FOMC decision. Analysts and market trackers framed the move as a first hike in a series of possible steps depending on incoming inflation data.
Sources
- The New York Times — live coverage confirming the Fed decision and reporting that all committee members supported the action.
- Board of Governors of the Federal Reserve System — official notice and meeting materials confirming a 25‑basis‑point increase to a 3.75%–4.00% target range.
- Yahoo Finance — live updates reporting the 25‑bp hike.
- TradingEconomics — updated U.S. interest-rate page showing the new target range.
