Federal Reserve raises rate again
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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 US central bank, the Federal Reserve, Tuesday raised short term interest rates for the third time in as many months. The central bank believes the economy has absorbed the sharp rise in energy prices that occurred earlier this year.
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Federal Reserve officials raised a key short-term interest rate Tuesday for the fifth time this year, and indicated they will gradually move rates higher next year to keep inflation under control as the economy expands.
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By Tim Ahmann WASHINGTON  - The U.S. Federal Reserve will take another small step this week toward raising interest rates to more normal levels, but may be getting rates up to a point that allows for a pause in increasing them, analysts say.
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The Federal Reserve, wanting to keep inflation at bay, is expected to boost short-term interest rates for a third time this year on Tuesday, a move that would come in the final stretch of the presidential campaign.
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The US Federal Reserve raises US interest rates by a quarter of one percent to 2.5%, its sixth straight rise since June.
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Federal Reserve policymakers today raised interest rates by another notch for the fifth consecutive time this year amid signs of a strengthening economy.
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US Federal Reserve decided Tuesday to raise the federal funds rate, which commercial banks charge each other on overnight loans, by one-quarter percentage point to 2.25 percent from 2 percent.
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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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WASHINGTON The Federal Reserve Board raised short-term interest rates Wednesday for the fourth time this year and suggested that it would continue to raise them gradually over the next year.
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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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As the Federal Reserve moves to raise short-term interest rates once again, flags are being raised about the impact on housing prices.
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The US Federal Reserve raises rates for the fifth time this year, taking them a quarter percentage point higher to 2.25%.
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By Andrew Balls in Washington and Jennifer Hughes in New York. The Federal Reserve on Tuesday raised interest rates by a quarter point, to 2.25 per cent, and signalled there had been no change in its assessment of current economic conditions.
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The Federal Reserve is expected to nudge interest rates up for a fourth time this year today, acting on the belief the economy has finally emerged from an extended &quot;soft patch.&quot;
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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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Federal Reserve officials raised a key short-term interest rate yesterday for the fifth time this year, and indicated they will gradually move rates higher next year to keep inflation under control as the economy expands.