Federal Reserve Raises Interest Rates by Half Percentage Point, in Effort to Slow Inflation by Star News Staff | May 5, 2022 – – – Background Photo “Federal Reserve” by AgnosticPreachersKid CC 3.0. Sign up here to get your copy of The Star News Network Daily UpdateDaily updates, breaking news, special offers, and more CONFIRM Thank you for signing up! Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment.