News alert: The Federal Reserve hikes its key interest rate 0.25 percentage point, its 10th increase since 2022 as it fights to lower inflation further

The Federal Reserve raised its key interest rate by 0.25 percentage point and signaled it could pause its battle against inflation amid bank stress.

Read in browser Read in browser Wed May 3 2023 Live updates: Fed hikes interest rate 0.25 percentage point but signals pause The Federal Reserve raised its key interest rate by 0.25 percentage point and signaled it could pause its battle against inflation amid bank stress. READ FULL STORY→ READ FULL STORY→ Advertisement A Better News Alert We've redesigned your News Alerts to have a cleaner look and feel. Let us know what you think about it. SHARE YOUR THOUGHTS ➔ SHARE YOUR THOUGHTS ➔ SUBSCRIBE TODAY Our Reporting. Your Stories. • Full access to subscriber-only content on all devices.   • Share bonus subscription with a family member or friend.   • The universal eNewspaper, the digital version of our print paper , plus bonus monthly magazines and hundreds of local papers.   • Original reporting of our hometown teams, from high school sports to the pros. SUBSCRIBE TODAY SUBSCRIBE TODAY Newsletters   |    eNewspaper   |   Crosswords Follow Us Problem viewing email? View in browser Unsubscribe  •   Manage Newsletters  •  Terms of Service  •   Privacy Policy/Your California Privacy Rights  •  Privacy Notice  •   Do Not Sell My Info/Cookie Policy  •  Feedback