U.S. Fed Set to Nudge Interest Rates Up
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U.S. Federal Reserve officials  gathered on Tuesday for their final policy meeting of the year  and were widely expected to nudge interest rates up to stay  ahead of inflation amid a steady economic expansion.
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The Federal Reserve is widely expect to raise the federal funds rate at its Sept. 21 policy meeting after a moderate increase in August payrolls.
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By Tim Ahmann WASHINGTON  - 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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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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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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The U.S. Federal Reserve raised  interest rates on Tuesday by a quarter percentage point as  expected, the third straight rise in a bid to keep a lid on  inflation pressures despite some signs of economic softness.
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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.
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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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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 Federal Reserve is expected to  lift interest rates again this week to 5.25 percent in its  seventeenth straight quarter percentage point hike and signal  that further increases may be needed to keep inflation at bay.
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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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The US Federal Reserve Board, wanting to keep inflation at bay, is expected to boost short-term interest rates Tuesday for a third time this year, a move that would come in the final stretch of the presidential campaign.
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The Fed raised short-term interest rates another notch today, and it suggested that it will keep raising them gradually over the next year.
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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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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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US interest rates are expected to rise by a quarter percentage point to 2.25% following a US Federal Reserve meeting later on Tuesday.
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WASHINGTON: Another small 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.