increase (verb)
7.27.22
A few hours earlier, the Federal Reserve voted to increase the central bank’s baseline interest rate by three-quarters of a percentage point in an effort to slow inflation.
—Alexander Bolton, The Hill, "Manchin, Schumer announce slimmed-down deal on climate, taxes, health," 27 Jul. 2022 {5:38 PM ET}
A few hours earlier, the Federal Reserve voted to increase the central bank’s baseline interest rate by three-quarters of a percentage point in an effort to slow inflation.
—Alexander Bolton, The Hill, "Manchin, Schumer announce slimmed-down deal on climate, taxes, health," 27 Jul. 2022 {5:38 PM ET}