News alert: The Federal Reserve raises interest rates to their highest level in 22 years despite easing inflation

The Fed raised its key interest rate by a quarter point, opened the door to another hike. Inflation has eased but officials worry it could spike again

Advertisement Read in browser Read in browser Wed Jul 26 2023 Fed raises interest rates 0.25 point, opens door to another hike despite easing inflation The Fed raised its key interest rate by a quarter point, opened the door to another hike. Inflation has eased but officials worry it could spike again 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. • Access subscriber-only content on all of your devices.   • Share a bonus subscription with a family member or friend.   • Read our universal eNewspaper - the digital version of our print paper.   • Experience bonus monthly magazines and hundreds of local papers. 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