CNBC September 16, 2026 • 15:44

Fed meeting live updates: Rate hike expected for the first time in three years - CNBC

By Jeff Cox

Fed meeting live updates: Rate hike expected for the first time in three years - CNBC

Traders have assigned a better than 90% probability that the FOMC will vote to raise the overnight funds rate a quarter point.

While it may have taken a while, Wall Street finally has warmed to the idea that the Federal Reserve likely will raise its benchmark interest rate as it seeks to slay a maddeningly persistent inflati… [+2042 chars]

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