<p>Trump urges lower rates after central bank agrees increase by quarter-percentage point to range of 3.75% to 4%</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/sep/16/federal-reserve-interest-rate-increase-live-updates#top-of-blog">Federal Reserve raises interest rates – live</a></p></li></ul><p>The US Federal Reserve voted to raise interest rates on Wednesday for the first time since 2023 as the central bank continues to fight to tamp down inflation.</p><p>The Fed’s open