US makes biggest interest rate rise in 22 years May 4, 2022 The Federal Reserve is under pressure as the US grapples with its worst inflation in four decades. Source: US makes biggest interest rate rise in 22 years Updated: May 4, 2022 at 7:56 pm Tags: US ◀ Amber Heard says defamation trial is ‘the most painful and difficult thing I have ever gone through’ Ukraine war: Russia denies it plans to declare war on 9 May ▶