---
title: "Federal Reserve Hikes Interest Rate for First Time in Three Years"
publication: "MediaBias News"
url: "https://mediabias.news/business/federal-reserve-hikes-interest-rate-for-first-time-in-three-years"
api: "https://mediabias.news/api/v1/stories/federal-reserve-hikes-interest-rate-for-first-time-in-three-years"
markdown: "https://mediabias.news/business/federal-reserve-hikes-interest-rate-for-first-time-in-three-years.md"
audio: "https://mediabias.news/api/audio/federal-reserve-hikes-interest-rate-for-first-time-in-three-years"
category: "Business & Economy"
area: "United States"
published: "2026-09-16T20:25:11.392Z"
source_reported: "2026-09-16T20:00:00.000Z"
updated: "2026-09-16T21:30:21.572Z"
trust_score: 42
critic_score: 45
hype_score: 41
assessment_type: "coverage-and-source-reporting-analysis"
fact_check_status: "not-performed"
coverage_measured: "2026-09-16T22:15:35.385255+00:00"
---

# Federal Reserve Hikes Interest Rate for First Time in Three Years

*Decision to combat inflation was unanimous, with gold prices falling sharply afterward.*

**Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): 

- Trust 42 of 100, higher is better. The central claim is attributed to Fed Chair Kevin Warsh and the Fed, with market strategist Ryan Detrick quoted.
- Craft 45 of 100, higher is better. The reporting is a mix of digests and one full report, with limited detail on the 'why' or 'what next'.
- Hype 41 of 100, lower is better. Headlines use sensational language like 'Fed Shockwave' and 'The Tide Has Turned'.

Scored by MediaBias News; method at https://mediabias.news/methodology.

**The short version**

- The U.S. Federal Reserve increased its key interest rate by 25 basis points.
- This is the first interest rate hike by the Fed in more than three years.
- The decision to raise rates was unanimous among Fed officials.
- Gold prices fell sharply in the wake of the announcement.

The U.S. Federal Reserve has raised its key interest rate by 25 basis points, the first such increase in over three years. The decision, aimed at combating inflation, was unanimous among Federal Open Market Committee (FOMC) officials. Following the announcement, gold prices experienced a sharp decline.

## Disagreement on Market Reaction

While the Federal Reserve's decision to raise interest rates was met with a sharp drop in gold prices, reports differed on the broader market reaction. The Korea Times reported that Wall Street "whippedawed" following the announcement, with the Dow Jones Industrial Average falling and the Nasdaq Composite gaining ground. In contrast, Globo's digest stated that the Fed's tone "sour[ed] mood of the global markets."

## What the coverage left out

None of the left-rated reports mention the specific range of the new interest rate, 3.75-4.00 percent, which was noted in some unrated digests. The right-rated reports did not mention the specific figures for the stock market indices' movements on the day of the announcement, details that were present in The Korea Times' full report.

## Who covered it

Shares of the 15 covering outlets with a published leaning rating:

- Left: 20% (3)
- Centre: 7% (1)
- Right: 73% (11)

22 of 37 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-09-16T22:15:35.385255+00:00.

**Coverage watch:** developing. Checked 9 times; 1 check found a material change. Most recently checked 2026-09-16T22:45:21.481Z.

## How the sides framed it

### Left

- The left-rated reports focused on the Federal Reserve's decision to raise interest rates and Fed Chair Kevin Warsh's subsequent press conference. The Korea Times' full report detailed the market's mixed reaction, noting specific movements in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. It also mentioned the impact of other news, such as the U.S. Senate's failure to advance cryptocurrency legislation and insider trading charges against former Robinhood engineers. NBC News' report was a video stream of Fed Chair Kevin Warsh speaking to the press.

### Centre

- The Jerusalem Post and the Star Advertiser reported the Federal Reserve raised interest rates by a quarter percentage point. Both outlets stated this was the first increase in over three years and aimed at controlling inflation. The Jerusalem Post noted the rate is now in the 3.75%-4.00% range.
- The Jerusalem Post quoted the Fed's policy statement saying the action would support a "timelier return to the Committee's 2% goal." It also cited an analyst who said the hike reflected the Fed's focus on persistent inflation.
- The Star Advertiser reported that US stocks fell following the announcement, with the Dow Jones Industrial Average dropping over 600 points. It quoted a market strategist who said the Fed appeared unified in fighting inflation.

### Right

- Right-rated reports highlighted Fed Chair Kevin Warsh's statements regarding the Fed's independence and its focus on inflation. The Washington Examiner's digest noted Warsh vowing to "stay in our lane" after hiking rates, in defiance of President Donald Trump. Frankfurter Allgemeine's digest mentioned the interest rate step and questioned President Donald Trump's potential reaction. Globo's digest focused on the Fed's "aggressive tone" souring global market moods, and Interfax.ru's digest quoted Warsh stating the main objective is to reduce inflation. Observador and Sapo digests both noted the unanimous decision and the rate increase to fight inflation risks.

**Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding.

## Factuality profile of the covering outlets

These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true.

- mixed: 3
- high: 8
- unknown: 22
- veryHigh: 4

## Verification scope

This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true.

## Original reporting this was written from

- [revistafortuna.com.mx](https://revistafortuna.com.mx/2026/09/16/la-fed-eleva-la-tasa-referencial-por-primera-vez-en-tres-anos-desafiando-a-trump) — Fed Raises Reference Rate for the First Time in Three Years, Defying Trump · Global Voices
- [atvtoday.co.uk](https://atvtoday.co.uk/317127-financial-news) — Fed raises interest rates as inflation concerns mount - ATV Today
- [Naftemporiki](https://naftemporiki.gr/finance/world/2162630/apotomi-ptosi-gia-ton-dow-jones-meta-tin-ayxisi-ton-epitokion-apo-ti-fed) — Dow Jones Falls Sharply After Fed Raises Interest Rates
- [Anadolu Ajansı](https://aa.com.tr/en/economy/us-stocks-end-midweek-lower-as-fed-raises-rates-for-first-time-in-over-3-years/4059531) — US Stocks End Midweek Lower as Fed Raises Rates for First Time in over 3 Years
- [La Tercera](https://latercera.com/pulso/noticia/bolsas-mundiales-se-tinen-de-rojo-tras-la-fed-y-en-chile-el-dolar-salta-a-su-nivel-mas-alto-en-11-meses) — World Bags Are Dyed Red After the Fed and in Chile the Dollar Jumps to Its Highest Level in 11 Months
- [Reformatorisch Dagblad](https://rd.nl/a/wall-street-lager-na-eerste-renteverhoging-fed-in-ruim-3-jaar) — Wall Street Lower After Fed First Interest Rate Hike in over 3 Years
- [Nieuws.nl](https://nieuws.nl/economie/wall-street-lager-na-eerste-renteverhoging-fed-in-ruim-3-jaar) — Wall Street Lower After Fed First Interest Rate Hike in over 3 Years
- [welingelichtekringen.nl](https://welingelichtekringen.nl/economie/wall-street-lager-na-eerste-renteverhoging-fed-in-ruim-3-jaar) — Wall Street Lower After Fed First Interest Rate Hike in over 3 Years
- [borskollen.se](https://borskollen.se/nyheter/27/fed-varning-om-inflation-fick-borserna-pa-fall-i-new-york) — Fed Warning About Inflation Sent Stock Markets Down in New York
- [Business Insider](https://businessinsider.com/stock-market-today-selloff-fed-interest-rate-hikes-outlook-2026-9) — Markets are spooked by the prospect of more rate hikes as the Fed battles inflation
- [Cryptocurrency News | Cryptocurrency Prices | Market Cap](https://cryptocurrency.com.tr/bitcoin-ether-swing-after-unanimous-quarter-point-fed-rate-hike-as-warsh-takes-aim-at-infl-380352) — Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation
- [Haber7](https://ekonomi.haber7.com/ekonomi/haber/3660227-piyasalarda-fed-depremi-faiz-karari-sonrasi-altinda-sert-hareketlilik-ibre-tersine-dondu) — Fed Shockwave in the Markets! Sharp Movement in Gold After the Interest Rate Decision! The Tide Has Turned.
- [Washington Examiner](https://washingtonexaminer.com/news/4730338/kevin-warsh-federal-reserve-independence-interest-rate-hike) — 'Stay in our lane': Warsh vows Fed independence after hiking rates
- [Askanews](https://askanews.it/2026/09/16/fed-primo-rialzo-dei-tassi-da-3-anni-warsh-misurato-e-responsabile) — Fed, First Three-Year Interest Rate Increase, Warsh: Measured and Responsible
- [moneytimes.com.br](https://moneytimes.com.br/warsh-faz-alerta-sobre-o-ativo-mais-importante-do-mundo-apos-juros-chegarem-a-5-jcav) — Warsh Warns About 'the Most Important Asset in the World' After Interest Reaches 5% – Money Times
- [Frankfurter Allgemeine](https://faz.net/aktuell/finanzen/us-notenbank-fed-chef-warsh-wagt-den-zinsschritt-201234203.html) — US Federal Reserve: Fed Boss Warsh Ventures the Interest Rate Step
- [news-pravda.com](https://news-pravda.com/world/2026/09/16/2597216.html) — ◾️Head of the U.S. Federal Reserve:
- [Business Insider](https://businessinsider.com/3-takeaways-from-the-september-fed-meeting-rate-hike-2026-9) — 3 takeaways for what the first Fed hike in 3 years means for your wallet
- [BizToc](https://biztoc.com/x/80904729c0b617ce) — 3 takeaways for what the first Fed hike in 3 years means for your wallet
- [Star Advertiser](https://staradvertiser.com/2026/09/16/breaking-news/wall-street-gyrates-after-fed-hikes-interest-rate-to-battle-inflation) — Dow drops over 600 points after Fed raises key interest rate | Honolulu Star-Advertiser
- [CoinTribune](https://cointribune.com/la-fed-releve-ses-taux-de-25-points-de-base-et-le-bitcoin-resiste) — Fed Raises Its Rates by 25 Basis Points and Bitcoin Resists
- [Globo](https://valor.globo.com/financas/noticia/2026/09/16/tom-mais-agressivo-do-fed-azeda-humor-dos-mercados-globais.ghtml) — The Most Aggressive Tom of the Fed Sour Mood of the Global Markets
- [turkiyegazetesi.com.tr](https://turkiyegazetesi.com.tr/ekonomi/fed-faizi-artirdi-warshin-mesajinda-enflasyon-one-cikti-1816498) — The Fed Raised Interest Rates, and 'Inflation' Was the Main Focus of Warsh's Message.
- [Seeking Alpha](https://seekingalpha.com/news/4643485-5-key-takeaways-from-fed-decision-and-warsh-presser?feed_item_type=news) — 5 key takeaways from Fed decision and Warsh presser
- [cryptodnes.bg](https://cryptodnes.bg/bitkoyn-ostava-pod-natisk-sled-kato-fed-povishi-lihvite) — Bitcoin Remains Under Pressure After Fed Raises Rates
- [CNN Brasil](https://cnnbrasil.com.br/economia/money/mercado/wall-street-cai-apos-falas-de-warsh-sobre-taxa-de-juros-dos-eua) — Wall Street Falls After Warsh Talks About U.S. Interest Rate
- [WebProNews](https://webpronews.com/mark-zandi-warns-fed-rate-hike-risks-policy-error-as-inflation-drivers-defy-central-bank-tools) — Mark Zandi Warns Fed Rate Hike Risks Policy Error as Inflation Drivers Defy Central Bank Tools
- [Interfax.ru](https://interfax.ru/business/1116509) — The Head of the Fed Called It the Main Objective of the U.S. B.C. to Reduce Inflation.
- [bitcoinsistemi.com](https://bitcoinsistemi.com/sicak-anlar-fed-baskani-kevin-warsh-faiz-karari-sonrasi-konusuyor-canli) — HOT MOMENTS: FED Chairman Kevin Warsh Speaks After Interest Rate Decision
- [The Korea Times](https://koreatimes.co.kr/world/20260917/wall-street-gyrates-after-fed-hikes-interest-rate-to-battle-inflation) — Wall Street gyrates after Fed hikes interest rate to battle inflation
- [Halk TV](https://halktv.com.tr/ekonomi/fed-faiz-dedi-altin-cakildi-yuzde-2-deger-kaybi-1055497h) — The Fed Said 'Interest Rates,' and Gold Plummeted! A 2% Drop in Value.
- [BitHub.pl](https://bithub.pl/typ/przemawia-szef-fed-warsh-lawina-spadkow-na-wall-street) — Fed Chairman Warsh Speaks. Avalanche of Declines on Wall Street?
- [lagaceta.com.ar](https://lagaceta.com.ar/nota/1154246/mundo/reserva-federal-subio-tasas-pese-objeciones-trump.html) — Federal Reserve Raised Rates, Despite Trump’s Objections · Global Voices
- [Washington Times](https://washingtontimes.com/news/2026/sep/16/fed-raises-rates-quarter-point-tame-inflation-risking-trumps-ire) — Fed raises rates by quarter-point to tame inflation, risking Trump's ire before November election
- [Jerusalem Post](https://jpost.com/international/article-908834) — US Federal Reserve hikes rates, sees more tightening in search of 'timelier' drop in inflation
- [Document](https://document.no/2026/09/16/fed-hever-renten-med-en-kvarting) — Fed Raises Interest Rates by a Quarter
- [Reformatorisch Dagblad](https://rd.nl/a/amerikaanse-centrale-bank-verhoogt-rente-tegen-hoge-inflatie-1) — US Central Bank Raises Interest Rates Against High Inflation
- [Unknown](https://prachachat.net/world/news-2067732) — The Fed Unanimously Raised Interest Rates by 0.25%. The Dot Plot Indicates One More Rate Hike This Year.
- [Les Affaires](https://lesaffaires.com/bourse/economie/en-video-kevin-warsh-explique-la-decision-de-la-fed) — IN VIDEO - Kevin Warsh Explains Fed's Decision
- [GB News](https://gbnews.com/money/interest-rates-donald-trump-dealt-mid-term-blow) — Bank of England under pressure to raise interest after US central bank hikes rates for first time since 2023
- [The Straits Times](https://straitstimes.com/business/us-fed-hikes-rates-sees-more-tightening-in-search-of-timelier-drop-in-inflation) — US Fed hikes rates, sees more tightening in search of ‘timelier’ drop in inflation
- [The Gateway Pundit](https://thegatewaypundit.com/2026/09/breaking-federal-reserve-raises-interest-rates-25-basis) — BREAKING: Federal Reserve Raises Interest Rates by 25 Basis Points Ahead of Midterm Elections (LIVE PRESSER) * The Gateway Pundit * by Cristina Laila
- [Nieuws.nl](https://nieuws.nl/economie/amerikaanse-centrale-bank-verhoogt-rente-tegen-hoge-inflatie-xr7YAZ) — US Central Bank Raises Interest Rates Against High Inflation
- [welingelichtekringen.nl](https://welingelichtekringen.nl/economie/amerikaanse-centrale-bank-verhoogt-rente-tegen-hoge-inflatie) — US Central Bank Raises Interest Rates Against High Inflation
- [Parkiet](https://parkiet.com/gospodarka-swiatowa/art45152031-fed-podnosi-stopy-zgodnie-z-planem-walka-z-inflacja-trwa) — The Fed Raises Rates as Planned. The Fight Against Inflation Continues.
- [Breitbart](https://breitbart.com/economy/2026/09/16/federal-reserve-raises-interest-rates) — Unanimous Federal Reserve Hikes Interest Rates for First Time in 3 Years
- [Observador](https://observador.pt/2026/09/16/eua-reserva-federal-aumenta-taxa-de-juro-em-25-pontos-para-combater-riscos-de-inflacao) — US. Federal Reserve Increases Interest Rate (in 25 Points) to Fight Inflation Risks
- [Sapo](https://sapo.pt/artigo/eua-reserva-federal-aumenta-juros-para-combater-inflacao-6aaad9a51cb2430289bd48ec) — U.S. Federal Reserve Increases Interest to Fight Inflation
- [NBC News](https://nbcnews.com/video/watch-live-fed-chair-kevin-warsh-speaks-to-press-following-interest-rate-announcement-269977669909) — Fed Chair Kevin Warsh speaks to press following interest rate announcement
- [borsen.dk](https://borsen.dk/nyheder/okonomi/alle-ojne-pa-kevin-warsh-om-lidt-saetter-fed-renten) — All Eyes on Kevin Warsh – the Fed Will Soon Set Interest Rates
- [finanzmarktwelt.de](https://finanzmarktwelt.de/zinsen-und-fed-chef-warsh-inflation-die-grosse-welle-kommt-noch-marktgefluester-402768) — Interest Rates and Fed Boss Warsh: Inflation - the Big Wave Is Still Coming!
- [BITRSS](https://bitrss.com/the-fed-s-interest-rate-decision-is-important-but-what-chairman-kevin-warsh-has-to-say-may-be-even-more-important-here-are-experts-predictions-on-warsh-251882) — The Fed’s Interest Rate Decision Is Important, but What Chairman Kevin Warsh Has to Say May Be Even More Important—Here Are Experts’ Predictions on Warsh
- [大纪元 Epoch Times](https://epochtimes.com/b5/26/9/16/n14850778.htm) — The Outcome of the Federal Reserve's Interest Rate Meeting Is About to Be Released; the Market Is Betting on an Interest Rate Hike.

## Questions

**Why did the Federal Reserve raise interest rates?**

The Federal Reserve raised its key interest rate by 25 basis points to combat stubbornly high inflation. This marks the first interest rate hike in over three years, and the decision was unanimous among Fed officials.

**What was the impact of the interest rate hike on gold prices?**

Following the Federal Reserve's announcement of the interest rate hike, gold prices experienced a sharp decline. One unrated digest reported a 2 percent drop in the price of an ounce of gold.

**Was the decision to raise interest rates unanimous?**

Yes, the decision by the Federal Reserve to raise its key interest rate by 25 basis points was unanimous among Fed officials. This unanimous vote was highlighted as a sign of the Fed's determination to address inflation.

---

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