Federal Reserve raises interest rates with more possibly on the way | ABC NEWS

The US Federal Reserve has defied Donald Trump and hiked interest rates amid persistently high inflation. What's more, a majority of the central bank's board predicts another rise in the cash rate this year. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-17/us-fed-raises-interest-rates-to-curb-inflation-trump/107162150 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia