Economy July 27, 2022 3:00 pm Federal Reserve Raises Interest Rate by 0.75% in Bid to Curb Inflation The Federal Reserve announced Wednesday that they have raised the benchmark interest rate by 0.75% to curb high inflation. Local 2:30 ‘Baby Reindeer': Inside Richard Gadd's Netflix phenomenon 8:39 Gina Rodriguez gushes 0ver motherhood with son Charlie 2:22 Scarlett Johansson and Colin Jost have date night at White House Correspondents' dinner 1:08 Candace Parker announced retirement after 16 seasons in WNBA 1:37 Pro-Palestinian protesters gather outside White House correspondents' dinner