Rates Seen Headed Up
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Federal Reserve policy-makers gathered on Tuesday, with expectations unanimous they will lift US interest rates for a third time this year despite lingering signs of economic stress.
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Federal Reserve policy-makers were  expected to raise U.S. interest rates on Tuesday for a third  time this year, continuing to lift borrowing costs from  rock-bottom levels despite some signs of economic softness.
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Interest rates on short-term Treasury bills rose in auction yesterday to the highest levels since April.
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American interest rates were raised last night by the third quarter-point since the spring, in a move intended as a reassuring signal that the US recovery is on course
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Economists are betting that the US Federal Reserve will raise interest rates to 1.75% on Tuesday, the third rise this year.
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Satisfied that the economy is back on track, the Federal Reserve is likely to increase interest rates today, and in December as well.
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The Bank of England's Monetary Policy Committee is tipped to put up interest rates to 5.75%.
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Federal Reserve policy-makers are likely to keep bumping up short-term interest rates this year, a defense against an inflation flare-up now that the economic expansion is on firm footing.
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Decision time is nearing for the next rate increase by the Postal Service.
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US interest rates are expected to rise for the fifth time since June following the US Federal Reserve&#39;s latest rate-setting meeting later on Tuesday.
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The Reserve Bank has raised the Official Cash Rate by a further 25 basis points, to 6.5 percent. It&#39;s the sixth rate rise this year, and matches market anticipations.
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European interest rates were on the rise yesterday after the Bank of England announced another increase in borrowing costs and the European Central Bank signalled that eurozone rates were likely to go up in September.
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Prices and interest rates are up, but that isn't necessarily a bad thing
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The European Central Bank signalled Wednesday that eurozone interest rates were set to rise in the coming months as the financial markets bet on a move as early as next week.
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&quot;It&#39;s surprising that the bank still expects to have to raise rates, given the significant rise in the Australian dollar since August.
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WASHINGTON -- Federal Reserve policymakers are widely expected to raise interest rates to their highest level in three years when they meet Wednesday.
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The European Central Bank is expected to raise its interest rates by a quarter of a percentage point to 3.75%.