Public Radio for the Central Kenai Peninsula
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Support public radio — donate today!

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.