Fed decisionSeptember 16, 2026
Federal Reserve raises its policy-rate range to 3.75%–4.00%
The Fed raised its target range by 0.25 percentage point and said inflation remains elevated. Higher US interest rates can support the dollar and tighten global financial conditions, affecting capital flows, import costs and currencies far beyond the United States.
Why it matters here
A stronger dollar can increase the Birr cost of dollar-priced imports and debt. It is one global influence—not a prediction of Ethiopia's official or bank exchange rates.
Read the official Fed statement ↗01
Dollar Index
DXY tracks the US dollar against a basket of major currencies. It is useful global context, but it is not an ETB exchange rate.
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Central banks & FX
The Fed, ECB, Bank of England and Bank of Japan—and the major currency moves their decisions can trigger.
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Commodities & risk
Oil, gold, trade disruptions and geopolitical shocks that can change import costs, inflation and foreign-currency demand.