Fed Raises Interest Rates by 1/4 Point
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NEW YORK - In a widely expected move, the Federal Reserve (search) Tuesday raised its target for the federal funds rate by 25 basis points to 1.75 percent, its third rate increase in a row.
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The European Central Bank increases interest rates from 3.75% to 4% in an attempt to bring inflation under control.
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The US central bank raised a key interest rate one-quarter of a percent (to 2.25) Tuesday in a bid to fend off future inflation. It is the fifth time since June that Federal Reserve officials have
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The Federal Reserve yesterday raised its key interest rate for the fifth time since June, signaling that it expects the economy to grow moderately and interest rates to rise gradually in the new year.
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WASHINGTON - The Federal Reserve boosted a key short-term interest rate by one-quarter percentage point Tuesday, marking the third increase this year. It's part of a gradual process to wean the economy from extraordinarily low rates that are no longer viewed as necessary to keep the economy afloat...
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The Federal Reserve raised a key interest rate another quarter- percentage point Tuesday, continuing its campaign to gradually remove the cheap money stimulus that it used to help jump-start the recovery from the 2001 recession.
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The Federal Reserve pushed U.S. interest rates up by a modest quarter-percentage point on Tuesday and expressed confidence that inflation could be kept at bay by slowly lifting credit costs from rock-bottom levels.
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The Federal Reserve raised US interest rates on December 14, 2004 by a quarter-percentage point for the fifth time this year and said it will keep gradually lifting them from rock-bottom levels as the economy grows.
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The Federal Reserve raised the benchmark US interest rate Wednesday by a quarter of a percentage point to 2 percent, citing a stronger labor market with a gain of 337,000 US jobs last month.
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The Federal Reserve raised a key rate for the fourth time in five months, saying that the U.S. economy is gaining steam.
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The US Federal Reserve is expected to hike interest rates today for a fourth time this year. Analysts say the central bank is feeling more confident about the US economy, partly because of the strong payrolls
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The U.S. Federal Reserve on Tuesday  raised interest rates for the third time this year by a quarter  of a percentage point and said the economy was regaining  momentum, signaling at least one more to come.
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The Federal Reserve pushed US interest rates up by a modest quarter-percentage point on Tuesday and expressed confidence that inflation could be kept at bay by slowly lifting credit costs from rock-bottom levels.
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The Federal Reserve has said interest rates may rise again - despite deciding to halt them earlier this month.
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America&#39;s central bank, the Federal Reserve, last night raised interest rates for the fourth time in six months and warned US consumers and businesses to expect further increases in the cost of borrowing over the coming months.
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THE US Federal Reserve has raised interest rates for the fifth time since June and signalled it was likely to keep pushing them higher at a &quot;measured&quot; pace in the new year.
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: The Federal Reserve on Wednesday nudged US interest rates up a quarter percentage point for the fourth time this year, citing healthier job markets and indicating it will press on with a rate-rise campaign.