Fifth rate hike expected from US Fed
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Federal Reserve officials are set to jack up interest rates tonight for a fifth time this year, confident the US expansion is self-supporting and no longer in need of rock-bottom borrowing costs for a boost.
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The American central bank, the Federal Reserve, Tuesday raised short-term interest rates for the fifth time in six months. Even with the quarter point increase short-term rates are a still-very-low 2.25 percent.
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Alan Greenspan, chairman of the US Federal Reserve, did what he had to do last week, raising interest rates for the fifth time in a row by a quarter point, to 2.25 percent, and leaving little doubt that the increases would continue.
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The U.S. Federal Reserve held  benchmark interest rates steady at 5.25 percent on Wednesday  for a fifth straight meeting, while maintaining a warning on  the risk of inflation.
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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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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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There is a broad consensus among economists that the US central bank will continue its gentle approach to raising interest rates with a moderate 0.25pc rise to 2.25pc when it convenes for its final meeting of the year.
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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.
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NEW YORK, September 20  - The US Federal Reserve is expected to raise the interest rates and announce its plans for further rate hikes tomorrow.
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Federal Reserve policy-makers encouraged by the economy&#39;s performance may bump up interest rates again in December - a fifth time this year - and will continue to tighten credit in 2005, economists predict.
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The European Central Bank is set to lift its key interest rate by a quarter of a percentage point when it meets this week &#151; the fifth such move since the bank started adjusting rates in December 2005 as Europe's economy picked up.
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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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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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The Bank of England is generally expected to raise UK interest rates to 5.75% later, to help reduce inflation.
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The U.S. Federal Reserve held benchmark interest rates steady at 5.25 percent on Wednesday for a fifth straight meeting, while maintaining a warning on the risk of inflation.
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WALL STREETâs leading institutions expect the US Federal Reserve to raise American interest rates tomorrow, despite anxiety over the global outlook for 2005.
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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.