Fed's Hoenig says "wait and see" on rates
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Federal Reserve Bank of Kansas  City President Thomas Hoenig on Wednesday said he was keeping  an open mind about the future direction of interest rates but  was on alert for fallout from financial market woes.
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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 U.S. Federal Reserve on   Wednesday held its benchmark interest rate steady for a second   straight meeting, biding time to assess whether cooling   economic growth will curb price pressures.
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WASHINGTON -- Federal Reserve policy makers held a short-term interest rate steady yesterday, saying that inflation remains too high but should drift lower over time as energy prices fall and the economy slows.
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The Fed is tightening, but long-term rates aren't keeping up. Some worry that economic growth will slow.
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ST. LOUIS  - The Federal Reserve is monitoring growth and inflation risks and it is too soon to tell if housing troubles will push the economy into recession, one of its top policy-makers said on Wednesday.
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The Federal Reserve has said interest rates may rise again - despite deciding to halt them earlier this month.
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By Hideyuki Sano TOKYO  - The dollar firmed on Wednesday as investors awaited comments from the Federal Reserve chief that are expected to point to further rises in U.S. interest rates this year.
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This week, the Fed speaks, and the market will listen. After sifting through mixed corporate profit reports and uneven readings on the economy, Wall Street will find out the answer to the long-debated question of whether the Federal Reserve will cut interest rates again.
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Investors will need to wait another day to get a clear picture on price increases.
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Will it be a matter of &quot;one-and-done&quot; for Alan Greenspan &amp; Co. at its Sept. 21 policy meeting? Since a quarter-point rate hike at the Federal Open Market Committee meeting on that date seems a fait accompli
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U.S. stocks may stall at the start of next week as investors wait for the outcome of the Federal Reserve's policy meeting.
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H where, oh where are interest rates going? No one knows, but the disagreement is growing. Federal Reserve officials have indicated that they will raise their benchmark short-term interest
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The economy slowed last month and   inflation remained in check, according to data released on   Friday, providing further support for the Federal Reserve to   hold interest rates steady when it meets next week.
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Following is the text of a statement released by the Federal Reserve yesterday after the Fedâs monetary policy panel, the Federal Open Market Committee, decided to leave interest rates unchanged.
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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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The US Federal Reserve makes clear its intention to keep boosting US interest rates as it watches out for the risk of higher inflation.