© 2026 WVIK
Listen at 90.3 FM and 98.3 FM in the Quad Cities, 95.9 FM in Dubuque, or on the WVIK app!
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Fed raises interest rates for first time in more than three years

The Federal Reserve raised interest rates today Wednesday the first time in more than three years. The central bank is trying to curb stubborn inflation, which was rekindled by the war with Iran.

Copyright 2026 NPR

Scott Horsley is NPR's Chief Economics Correspondent.