News Here’s the Federal Reserve’s best tool against inflation — and how it has worked for 40 years September 21, 2022September 21, 2022 Jim Sergent and George Petras, USA TODAY Comments Off on Here’s the Federal Reserve’s best tool against inflation — and how it has worked for 40 years The federal funds rate, and interest rates across the country, will increase again as the Federal Reserve seeks to bring down record-high inflation.