US Central Bank Hikes Interest Rates Again
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The US central bank raised a key interest rate one-quarter of a percent (to 2.25) Tuesday in a bid to fend off future inflation. It is the fifth time since June that Federal Reserve officials have
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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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Federal Reserve officials are set to  jack up interest rates on Tuesday for a fifth time this year,  confident the U.S. expansion is self-supporting and no longer  in need of rock-bottom borrowing costs for a boost.
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As the Federal Reserve moves to raise short-term interest rates once again, flags are being raised about the impact on housing prices.
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The Federal Reserve raised the benchmark US interest rate Wednesday by a quarter of a percentage point to 2 percent, citing a stronger labor market with a gain of 337,000 US jobs last month.
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Federal Reserve policy-makers were expected to raise US interest rates on Tuesday for a third time this year, continuing to lift borrowing costs from rock
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NEW YORK, September 21  - The US Federal Reserve raised the interest rates by a quarter percentage point today, in-line with the broad expectations.
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The Federal Reserve yesterday boosted its key interest rate for the sixth time since June, which will lead to higher charges on credit cards, home equity lines of credit, and other short-term loans, but not necessarily higher interest payments for savings and money market accounts.
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The Federal Reserve raised official interest rates last month for the third time this year despite a mixed economic outlook. The rate increase took the benchmark federal funds rate to 1.75 percent from 1.50 percent.
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The Federal Reserve has raised US interest rates by a quarter-percentage point for the fifth time this year and said it will keep gradually lifting them from rock-bottom levels as the economy grows.
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WASHINGTON - The US Federal Reserve Board late yesterday boosted short-term interest rates for the fifth time in a row, warning of higher rates next year as it abandons easy money to head off inflation.
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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.
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The US Federal Reserve is likely to increase the base interest rate for the fourth time in a year, according to analysts. Last Friday&#39;s employment report for October, which showed an unexpectedly large 337,000
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The Federal Reserve raised a key interest rate another quarter- percentage point Tuesday, continuing its campaign to gradually remove the cheap money stimulus that it used to help jump-start the recovery from the 2001 recession.
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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, signaling at least one more to come.
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China&#39;s central bank raised interest rates for the second time in less than a month on Friday in an attempt to rein in soaring food prices, excessive bank lending and bubbles in the property and stock markets.
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Short-term interest rates were raised for the fifth time this year on Tuesday. The Federal Reserve has hiked the base rate a quarter-point to 2.25-percent.