The Federal Reserve announced another interest raise hike of 0.25 basis points Wednesday, to a target range of 5% to 5.25%, in what may be the last rate hike this year, after 10 consecutive rate hikes in the last 14 months.

The federal reserve has been raising interest rates in their effort to slow the rising inflation, but have not been having much success, as inflation remains well above the fed’s 2% annual target range.

Higher interest rates make it more expensive for companies and individuals to borrow funds, which in turn, restricts access to cash and constrains their ability to spend, reducing pressure on prices.

But at the same time, higher interest rates mean that some banks may be forced to sell government bonds at an even greater loss, further worsening that particular crisis.

Complicating matters for the fed has been the recent banking crisis, and today’s announcement comes just days after financial giant JPMorgan Chase acquired the troubled First Republic Bank, which had been the nation’s 14th-largest bank by assets.

Although there were several factors at play in what led to the recent bank failures, the higher interest rates have played a large role in contributing to the crisis.