Fed hikes interest rate 0.25 percentage point but signals pause The Citizen 3 years ago Latest hike brings the U.S central bank’s benchmark interest rate to its highest level in 16 years. Source: CBS Minnesota Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Fed raises benchmark interest rate to 22-year highDateJuly 27, 2023In relation toFifty LakesFederal Reserve maintains its benchmark interest rate at June meetingDateJune 18, 2025In relation toFifty LakesWhat's a good HELOC interest rate now that rates are falling again?DateNovember 5, 2024In relation toFifty Lakes