The Federal Reserve recently implemented a 25-basis-point increase to interest rates, representing its first hike of this kind since 2023. Because market forecasts were heavily concentrated at 92%, the central bank was left with practically no alternative. Choosing to keep rates unchanged in the face of such massive anticipation would have probably caused market yields to climb even further. What actually caught many by surprise, though, was the complete consensus among the committee members, who delivered a unanimous 12-0 vote.

You can review the complete official statement at the following link:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm

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