Fed Will Raise Rates 25 Basis Points After December Meeting

The Fed will lift the upper bound of the target federal funds rate by 25 basis points after its December 8-9, 2026 FOMC meeting. The move would follow the September 16 increase that set the range at 3.75 percent to 4.00 percent and come amid a September CPI print of 3.7 percent year over year. Bost…