Fed raises rates 50 bps, with more rate rises on the horizon Farhin Lilywala December 14, 2022 Twitter LinkedIn Show more sharing options Share Close extra sharing options Twitter LinkedIn Copy Link URLCopied! Print The Federal Reserve raised interest rates further by 50 basis points on Wednesday, noting a slowdown but not a full stop in rate increases, in an effort to curb inflationary pressures. To unlock this article Register for a free 14 day trial Already a subscriber? Login now