The interest rate has been raised. On 2026-09-16, the U.S. Federal Reserve announced a 25 basis point (0.25%) rate increase, raising the target range for the federal funds rate to 3.75%–4.00%. The resolution was approved 12:0. The official statement emphasized that inflation is still too high—this is the first rate hike since 2023. (federalreserve.gov)
 
For the crypto market, rate hikes typically put pressure on high-volatility risk assets through higher risk-free rates and expectations for the dollar and liquidity. However, the immediate market reaction also depends on whether the market had already fully priced in the move, as well as subsequent policy guidance and inflation data.