The Fed just raised rates for the first time in over three years. So what does that actually do to your money? On September 16, 2026, the U.S. Federal Reserve did something it hadn't done since July 2023: it raised interest rates. The vote was unanimous — 12 to 0 — and the fed funds rate now sits in a 3.75% to 4.00% range. Most Fed officials signaled at least one more hike … [Read more...] about What the Fed’s Rate Hikes Do to YOUR Wallet

