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Thursday 17 September 20268 articles · 14 min
Economy
Overview
Fed raises rates to 3.75–4.00 percent – first hike since 2023
The decision was unanimous, 12–0. Inflation remains above the Fed's 2 percent target.
Image: Federal Reserve
By Lagom News · Published 17 September 2026 · 6 min read
Tech
Analysis
Mistral AI invests EUR 1.2 billion in AI data centre in Borlänge
Image: EcoDataCenter
The facility is being built together with EcoDataCenter on the former paper mill site in Kvarnsveden, runs on renewable energy and is set to go live in 2027. It is Mistral's first AI infrastructure outside France.
Roundup
Today's roundup: the most important news from around the world
Ulf Kristersson requested his dismissal on 17 September – Sweden is governed by a caretaker government
S, V, MP and C won 176 seats to 173 in the preliminary election result
The new Riksdag convenes for roll call and the election of the Speaker on 28 September
The Fed's dot plot points to 4.00–4.25 percent at the end of 2026 and 2027
Today's TL;DR
Fed raises rates to 3.75–4.00 percent – first hike since 2023
Full article: 6 min read · TL;DR: 20 seconds
The Fed raises its policy rate by 0.25 percentage points to 3.75–4.00 percent — the first hike since July 2023.
First hike since July 2023
Unanimous decision, 12–0
16 of 18 members see at least one more hike this year
Next rate decision on 28 October
Read the full article →
4 of 8 in today's edition
Timeline
The Fed's rate path
From three cuts to this year's first hike. Today's article is the latest point.
17 Sep 2025
Fed begins three cuts in a row
10 Dec 2025
Last cut, to 3.50–3.75 percent
29 Jul 2026
Rate left unchanged – three members want a hike
16 Sep 2026
Hike to 3.75–4.00 percent
See the full timeline →
Chat about the article
Fed raises rates to 3.75–4.00 percent
Ask a question about the article
Answer
Since the announcement on 16 September, long-term yields have continued to rise. The ten-year has climbed by about a quarter of a percentage point since Jackson Hole at the end of August and by roughly a full percentage point since February. The next announcement comes on 28 October.
Sources
Reuters ↗
Bloomberg ↗
Federal Reserve ↗
Scenarios
How the rate path could develop
Three possible outcomes for the Fed's next decision on 28 October.
X %
Another hike
16 of 18 members see at least one more hike this year
Y %
Unchanged rate
Six members see the rate staying put through 2027
Z %
Cut back down
Four members expect cuts during 2027
See all scenarios →
Updated 17 September 2026
Perspectives
How the rate decision is framed
Three sources the article cites — and where they stand.
A
B
C
↑ Progressive
↓ Conservative
← Left
Right →
Source ALeft-progressive
”The hike hits households with variable-rate loans”
Source BRight-conservative
”Necessary to protect the value of money”
Source CRight-progressive
”The market had already priced in the announcement”
All content is AI-generated and checked against primary sources.

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