To fight Sky-High Inflation, the Federal Reserve Just Raised Interest Rates Three Times Faster Than Usual — And the Most Since 1994 Posted byBen Winck June 16, 2022 Leave a comment on To fight Sky-High Inflation, the Federal Reserve Just Raised Interest Rates Three Times Faster Than Usual — And the Most Since 1994 The increase marks an escalation of the central bank’s effort to cool the highest inflation since 1981.