MPC Minutes Fuel Hopes over Interest Rates
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Hopes that interest rates have peaked were fuelled today by news that the Bank of England this month began considering the case for a cut in the cost of borrowing.
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WASHINGTON : US Federal Reserve policymakers opened a meeting, nearly certain to raise key interest rates amid signs of a resurgent American jobs market.
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Federal Reserve policy-makers suggested at their December meeting that they would continue to push short-term interest rates higher to blunt the risk of an inflation flare-up, according to minutes of the Fed's meeting released on Tuesday.
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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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WASHINGTON: The Federal Open Market Committee, the rate-setting panel for the US Federal Reserve, began its deliberations Wednesday with a rate hike widely expected.
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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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There is a "strong possibility" interest rates in the UK will rise in February, according to an overview business survey.
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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 Bank of England is seen holding rates at 5.5% after its latest meeting, but a rise remains a possibility.
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Federal Reserve policy-makers  believed that, while worried about inflation, keeping interest  rates steady would enable them to gather more data before  deciding on any future rate rises, minutes of their August  meeting released on Tuesday showed.
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With the US economy picking up steam, the year&#39;s fourth straight interest-rate hike looked like a certainty at Wednesday&#39;s meeting of the Federal Reserve&#39;s Open Market Committee, economists said.
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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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Cody is a long way from the  marble hallways of the Federal Reserve in Washington, but its  fortunes will not be ignored when policy-makers meet to debate  interest rates later this month.
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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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WASHINGTON -- Federal Reserve officials are expected to nudge interest rates up tomorrow 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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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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Labour&#39;s re-election prospects received a boost yesterday when the Bank of England dangled the prospect of a cut in interest rates in the run-up to a likely spring poll.