What Happens When the Fed Raises Rates: Only 5 Move on Day…
When the Federal Reserve raises rates, it does not raise the rate on your mortgage, your revolver or your corporate bond. It raises exactly five numbers that it controls by decree, and then waits. The FOMC lifted its target range by 25 basis points to 3.75-4.00% on 16 September 2026, unanimously, on a 12-0 vote,
