Fed Raises Key Rate to 3.75%-4%

The Federal Reserve has just raised its key interest rate by 0.25%, bringing it to a range of 3.75%-4%—the first increase since July 2023. With inflation still running higher than the Fed’s 2% target, there’s talk of another rate hike before year’s end. The next update will come after their October 27-28, 2026 meeting, when officials will revisit the economic landscape and inflation trends. Having spent decades navigating the local real estate market, I keep a close eye on these shifts—understanding how interest rate changes can impact both buyers and sellers is an important part of how I protect my clients’ interests and help them make the best decisions for their next move.