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News 2026-09-16 18:19 UTC

Major indices are trading higher following the FOMC decision to increase the target range for the fed funds rate from 3.50%-3.75% to 3.75%-4.00% as Fed expectations for another rate hike in 2026 largely reflect investor expectations heading into the event.

Major indices are trading higher following the FOMC decision to increase the target range for the fed funds rate from 3.50%-3.75% to 3.75%-4.00% as Fed expectations for another rate hike in 2026 largely reflect investor expectations heading into the event.