Fed likely to raise rates September 16, loans could cost more

About an 88% chance America's central bank, the Federal Reserve, raises rates Wednesday, September 16, 2026, MarketWatch reported. Its decision comes at 2 p.m. Eastern, per Kiplinger. It has left rates unchanged all year, MarketWatch reported. Higher rates would make loans costlier. I see 88% as a strong bet, not a promise.