Interest Rates Expected To Rise
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The Federal Reserve is likely to announce a quarter-point rise in the federal funds target rate from 1.75 percent to 2.0 percent, economists and traders agree.
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The Bank of England is expected to keep interest rates at 5.25%, but another rise remains a possibility.
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Federal Reserve officials are expected to nudge interest rates up on Tuesday for a fifth time this year, another small step in a campaign to gradually lift borrowing costs before inflation rears its head.
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Washington - Casting aside fears about weak job creation and tepid holiday sales, the US appeared set to raise interest rates tomorrow for the fifth consecutive time.
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Another hike in US interest rates is seen as a certainty when Federal Reserve policy-makers meet on Wednesday -- a step on the march toward a level of rates necessary to underpin long-term expansion.
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The European Central Bank is expected to raise rates to 4% after its latest meeting - the highest level for six years.
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THE US Federal Reserve is set to press ahead this week with a further rise in American interest rates, with markets on alert for a signal of the pace and timing of future increases.
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The Federal Reserve is expected to nudge interest rates up for a fourth time this year on Wednesday, acting on the belief that the economy has finally emerged from an extended &quot;soft patch.
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UK businesses are set to prosper during the next few months - but this could trigger more interest rate rises, a report says.
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Speedy growth in the eurozone and UK services sectors are making higher interest rates likely.
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Observers widely expect the U.S.  Federal Reserve to raise U.S. interest rates by a  quarter-percentage point at the conclusion of a two-day meeting  that opens on Tuesday as the U.S. economy is growing steadily.
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The ECB is likely to raise interest rates in a regular monthly policy meeting scheduled on Thursday. The key rate that is now at a historic low of 2% will probably be raised to combat inflationary pressures.
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Federal Reserve officials are set to  jack up interest rates on Tuesday for a fifth time this year,  confident the U.S. expansion is self-supporting and no longer  in need of rock-bottom borrowing costs for a boost.
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The Federal Reserve is likely to make one of three moves on interest rates.
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The Federal Reserve is expected to nudge interest rates up today for a fourth time this year, acting on the belief that the economy has finally emerged from an extended &#39;&#39;soft patch.
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A further interest rate rise could be due after data shows UK GDP grew strongly in the second quarter.
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The Federal Reserve appears poised to continue raising interest rates for most if not all of this year.