Posted in NEWS Federal Reserve raises interest rate by 0.50 percentage point to curb inflation and sees steeper hikes ahead December 14, 2022 The FOMC interest-rate decision is expected to ripple through the economy, driving up rates for credit cards, HELOCs, mortgages and other loans. http://rssfeeds.usatoday.com/~/722035876/0/usatoday-newstopstories~Federal-Reserve-raises-interest-rate-by-percentage-point-to-curb-inflation-and-sees-steeper-hikes-ahead/