Fed confronts a rate increase before midterms

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MEXICO CITY.- On September 16, 2026, the United States Federal Reserve (Fed) decided to increase its reference interest rate by 25 basis points, bringing it from a range of 3.50%-3.75% to 3.75%-4.00%. According to Jaime Álvarez, Vice President of Investments and Skandia's analysis team, the decision was unanimously approved by the 12 members with vote of the Federal Open Market Committee (FOMC) and represents the first increase in US rates since…