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3rd LD Writethru: U.S. Fed announces 1st interest rate hike in over 3 years as inflation stays sticky

NAMPA / Xinhua
2026-09-17
WASHINGTON, Sept. 16 (Xinhua) -- The U.S. Federal Reserve on Wednesday raised its target federal funds rate by 25 basis points to a range of 3.75 percent to 4 percent to address persistent inflation, marking its first interest rate hike since July 2023. "Economic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient. Productivity growth is st......
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WINDHOEK, 16 September 2026 - The Ministry of Industries, Mines and Energy convened stakeholders in Windhoek on Wednesday for World Ozone Day, themed "Global Action for a Cooler Planet". (Photo by: Uakutura Kambaekua) NAMPA

WINDHOEK, 16 September 2026 - The Ministry of Industries, Mines and Energy convened stakeholders in Windhoek on Wednesday for World Ozone Day, themed "Global Action for a Cooler Planet". (Photo by: Uakutura Kambaekua) NAMPA

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WINDHOEK, 16 September 2026 - The Ministry of Industries, Mines and Energy convened stakeholders in Windhoek on Wednesday for World Ozone Day, themed "Global Action for a Cooler Planet." (Photo by: Uakutura Kambaekua) NAMPA

WINDHOEK, 16 September 2026 - The Ministry of Industries, Mines and Energy convened stakeholders in Windhoek on Wednesday for World Ozone Day, themed "Global Action for a Cooler Planet." (Photo by: Uakutura Kambaekua) NAMPA

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REHOBOTH, 16 September 2026 - Deputy Executive Director and Chief Registrar in the Ministry of Home Affairs, Immigration, Safety and Security (MHAISS) Jackson Wandjiva (L) and Deputy Minister of MHAISS Edward Wambo (R) during the commemoration of Identity Day. (Photo: Molly Weyulu) NAMPA

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WINDHOEK, 16 September 2026 - 300 students graduated at the 25th NAMCOL Graduation Ceremony in Windhoek on Wednesday. Armed with degrees, diplomas, and vocational certificates, these graduates embody the theme "Learning Without Limits: Empowered Today, Leading Namibia Tomorrow." (Photo by: Uakutura Kambaekua) NAMPA

NAMPA
WINDHOEK, 16 September 2026 - 300 students graduated at the 25th NAMCOL Graduation Ceremony in Windhoek on Wednesday. Armed with degrees, diplomas, and vocational certificates, these graduates embody the theme "Learning Without Limits: Empowered Today, Leading Namibia Tomorrow." (Photo by: Uakutura Kambaekua) NAMPA

WINDHOEK, 16 September 2026 - 300 students graduated at the 25th NAMCOL Graduation Ceremony in Windhoek on Wednesday. Armed with degrees, diplomas, and vocational certificates, these graduates embody the theme "Learning Without Limits: Empowered Today, Leading Namibia Tomorrow." (Photo by: Uakutura Kambaekua) NAMPA

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WINDHOEK, 16 September 2026 - President Netumbo Nandi-Ndaitwah. (Photo: Contributed)

WINDHOEK, 16 September 2026 - President Netumbo Nandi-Ndaitwah. (Photo: Contributed)

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SWAKOPMUND, 11 September 2026 - National Planning Commission Director General Ambassador Kaire Mbuende, Erongo Governor Natalia /Goagoses, Chief Regional Officer Sam Ntelamo and other regional leaders among beneficiaries at the Erongo Governor’s Fish Consumption Promotion Project in Swakopmund. (Photo contributed)

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