Fed Raises Interest Rates to 16-Year High: Taming Inflation or Triggering Recession? Banking Fed Raises Interest Rates to 16-Year High: Taming Inflation or Triggering Recession? admin May 5, 2022 The U.S. Federal Reserve raised its benchmark interest rate by 0.25% on December 11th, 2023, marking the... Read More Read more about Fed Raises Interest Rates to 16-Year High: Taming Inflation or Triggering Recession?