Money Fed raises interest rates 0.25 point, opens door to another hike despite easing inflation July 26, 2023July 26, 2023 Charisse Jones, USA TODAY Comments 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