Fed Raises Interest Rates by 1/4 Point
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NEW YORK - In a widely expected move, the Federal Reserve (search) Tuesday raised its target for the federal funds rate by 25 basis points to 1.75 percent, its third rate increase in a row.
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The U.S. Federal Reserve on Wednesday raised interest rates for a sixth straight time, extending a policy of gradually lifting borrowing costs to levels high enough to ward off inflation pressures.
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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 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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US Federal Reserve policymakers, heartened by a burst in new jobs in October, raised key short-term interest rates and hinted at further small increases ahead.
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Prices paid by US consumers rose for a fourth straight month in November, supporting forecasts that Federal Reserve policy makers will keep raising interest rates.
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The US Federal Reserve raised US interest rates tonight for a fourth time this year by a quarter percentage point. It cited brightening job prospects, indicating that more increases may lie ahead.
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The US Federal Reserve is expected to hike interest rates today for a fourth time this year. Analysts say the central bank is feeling more confident about the US economy, partly because of the strong payrolls
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Description: The Federal Reserve is raising interest rates for the fifth time since June. The quarter-point increase will put the federal funds rate at 2 1/4 percent.
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The US dollar rose slightly against the euro yesterday as the Federal Reserve raised a key interest rate by a quarter-point and the US trade deficit was larger than expected.
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The US Federal Reserve raises interest rates to 2.25%, the fifth increase this year.
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The Federal Reserve didn&#39;t surprise anyone yesterday, as its policy-making body increased its key interest rate by one quarter percent, to 2 percent.
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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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For the third time in as many meetings, the Federal Reserve raised a key interest rate by a quarter of a point, which experts say sends a message the economy is moving in the right direction at the right speed.
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The US Federal Reserve, headed by Alan Greenspan, raises interest rates by 0.25% in a widely anticipated move.
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Federal Reserve policy-makers raised interest rates yesterday for the fifth time this year and suggested they will continue gradual rate increases in 2005.
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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.