Fed Boosts Rate for Third Time in 2004
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WASHINGTON - With the economy moving ahead and the nation's payrolls picking up a bit, Federal Reserve policy-makers boosted short-term interest rates for a third time this year - but left economists split about when the next increase might come.    Fed Chairman Alan Greenspan and his Federal Open Market Committee colleagues - the group that sets interest-rate policy - increased the target for the federal funds rate from 1.50 percent to 1.75 percent...
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The Federal Reserve lifted short-term interest rates a quarter-point on Tuesday, continuing its bet that the economy can keep growing steadily through the Fed&#39;s rate-hike campaign.
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The Federal Reserve boosted a key short-term interest rate by one-quarter percentage point Wednesday. Citing an improving economy and well-contained inflation, it said further increases would be gradual.
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The Federal Reserve raised U.S.  interest rates on Wednesday by a quarter percentage point for a  fourth time this year, citing brightening job markets that  likely mean more increases lie ahead.
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WASHINGTON - The US Federal Reserve Board late yesterday boosted short-term interest rates for the fifth time in a row, warning of higher rates next year as it abandons easy money to head off inflation.
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The US Federal Reserve raises interest rates to 2.25%, the fifth increase this year.
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Federal Reserve policy-makers were expected to raise US interest rates on Tuesday for a third time this year, continuing to lift borrowing costs from rock
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Federal Reserve policy-makers were  expected to raise U.S. interest rates on Tuesday for a third  time this year, continuing to lift borrowing costs from  rock-bottom levels despite some signs of economic softness.
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Federal Reserve policy-makers  gathered on Tuesday, with the expectation they will lift U.S.  interest rates for a third time this year despite lingering  signs of economic stress.
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The economy revved up its engine in the third quarter and advanced at an annual rate of 4 percent --  even faster than previously thought.
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Washington - With the US economy expanding at a respectable pace, companies hiring and consumers inclined to spend, Federal Reserve policy makers can feel comfortable about boosting short-term interest rates for a fourth time this year.
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The Federal Reserve&#39;s policy year was fittingly capped on Dec. 14 with another quarter-point rate hike. This widely expected move by the Federal Open Market Committee, the Fed&#39;s rate-setting arm, lifted the Fed funds rate to 2.25%.
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The US economy grew at a faster-than-expected 3.9 percent annual pace in the third quarter of 2004, powered by robust consumer and business spending, the government revealed.
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The economy revved up its engine in the third quarter and advanced at an annual rate of 4 percent -- faster than expected. The reading on gross domestic product, released Wednesday by the Commerce Department
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ITH THE US economy moving ahead and the nation&#39;s payrolls picking up, Federal Reserve policymakers boosted short-term interest rates for a third time this year - the last chance to do so before the November Preseidential election in six weeks.
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The US economy increased at an annual rate of 4 percent in the third quarter of this year following a rate of 3.3 percent in the previous quarter, the Commerce Department reported on We dnesday.
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Federal Reserve policy-makers gathered on Tuesday, with expectations unanimous they will lift US interest rates for a third time this year despite lingering signs of economic stress.