The Fed raises interest rates. And, EU proposes Canada become an 'associate member'

The Federal Reserve has raised interest rates for the first time in years. And, the European Union has proposed that Canada become its first-ever "associate member."

<img src='undefined' alt='Canada's Prime Minister Mark Carney looks on during the annual keynote address of the European Commission's President at a plenary session of the European Parliament in Strasbourg, eastern France on Sept. 16, 2026.'/><p>The Federal Reserve has raised interest rates for the first time in years. And, the European Union has proposed that Canada become its first-ever "associate member."</p><p>(Image credit: Jean-Christophe Verhaegen)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=g-s1-143783' />