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labor market growth

Ever wonder how the Fed's interest rate actually works? We've got answers

Ever wonder how the Fed’s interest rate actually works? We’ve got answers

September 19, 2026 by Daniel Foster - Senior Editor, Economy

The Federal Reserve raised interest rates by a quarter percentage point in its first hike of the year, aiming to cool persistent inflation.

Categories Economy Tags 30-year fixed mortgage rate, dual mandate, Federal Reserve, interest rate hike, Kevin Warsh, labor market growth, persistent inflation Leave a comment

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