Fed Raises Rates Again, to 2%, and Sees No Reason to Stop
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The Federal Reserve raised short-term interest rates today 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 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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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 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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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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Federal Reserve policymakers raised interest rates Tuesday for the fifth time this year and suggested they will continue their gradual rate-rising campaign in 2005.
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Federal Reserve policy makers plan to keep pushing interest rates higher to blunt the risk of an inflation flare-up, according to minutes of the Fed's December meeting, released yesterday.
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The Federal Reserve pushed U.S.  interest rates up by a modest quarter-percentage point on  Tuesday and expressed confidence that inflation could be kept  at bay by slowly lifting credit costs from rock-bottom levels.
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The Federal Reserve appears poised to continue raising interest rates for most if not all of this year.
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THE United States Federal Reserve is expected to raise the bellwether federal funds rate, which banks charge each other for overnight loans, by a quarter point to 2.25 per cent today.
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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.
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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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The Bank of Canada boosted its overnight rate by a quarter-point to 2.5 percent, and suggested more hikes are coming in the near future.
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The Federal Reserve on Wednesday  nudged U.S. 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 US Fed has done it again. Though the 25 basis points interest rate hike was largely on expected lines, unlike the previous two hikes of 25 basis points each in July and August respectively, there was some
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Fed officials have left no doubt that they will raise short-term rates by a quarter point, to 2 percent, but they are still keeping their options open for December and 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.