Third Fed rate rise as US picks up
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The US Federal Reserve last night raised interest rates for the third time this year in spite of a renewed surge in oil prices. The widely expected move took the Fed funds&#39; rate up a quarter-point to 1.75%, following similar moves in August and June.
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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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Rising US interest rates help push the dollar higher as finance ministers gather for the G7 meeting in the UK.
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Asian stocks had the biggest gain in seven months on optimism the US economy is growing after the Federal Reserve raised interest rates and a government report showed an unexpected increase in retail sales last month.
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By Andrew Balls in Washington and Jennifer Hughes in New York. The US 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 economic conditions.
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U.S. stocks rose on Tuesday after the  Federal Reserve raised short-term interest rates by a quarter  point for the third time this year.
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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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The Federal Reserve is likely to make one of three moves on interest rates.
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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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The Federal Reserve yesterday raised its key interest rate to the highest level in three years, suggesting more increases will follow as the economy gains strength.
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The Federal Reserve raised short-term interest rates on Wednesday and signaled that it intends to keep raising rates in the months to come.
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The Federal Reserve raised U.S. interest rates on Tuesday by a quarter-percentage point for the fifth time this year and said it will keep gradually lifting them from rock-bottom levels to forestall inflation.
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The US Federal Reserve yesterday raised interest rates by a quarter point to 2.25 per cent and signalled that there had been no change in its assessment of economic conditions.
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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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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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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 U.S. Federal Reserve on Tuesday  raised interest rates for the third time this year by a quarter  of a percentage point and said the economy was regaining some  momentum after a slow period.