The Federal Reserve just raised interest rates this week for the first time this year.
So how does it actually work? And what does it mean for the economy — and the rest of us?
Here are some answers.
Business
September 19, 2026
09:48 AM
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Ever wonder how the Fed's interest rate actually works? We've got answers
Reporting on Ever wonder how the Fed's interest rate actually works? We've got answers via NPR Business.
Primary Source: The Federal Reserve just raised interest rates this week for the first time this year. So how does it actually work? And what does it mean for the economy — and the rest of us? Here are some answers.
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