Federal Reserve Hikes Rates for the First Time in Three Years 9/16/26

Major averages trade between gains and losses as investors react to the Fed’s decision to raise interest rates by a quarter percentage point, bringing the target range to between 3.75% and 4%. Kelly Evans and Brian Sullivan host the show live from Washington D.C., and are joined by Harris Financial Group’s Jamie Cox, Raymond James’ Larry Adam, JPMorgan’s David Kelly, and RBC’s Frances Donald to provide their initial takes and first reactions to the decision. CNBC’s Steve Liesman, Rick Santelli, and Matt Peterson also join the program to provide their insight and reporting ahead of Fed Chairman Kevin Warsh’s live press conference during the second half of the hour.