Money Fed raises interest rates 0.25 point, opens door to another hike despite easing inflation July 26, 2023July 27, 2023Charisse Jones, USA TODAYComments Off on 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