Federal Reserve lifts target rate to 2.25%
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Federal Reserve policy-makers raised the benchmark US interest rate a quarter point to 2.25 per cent and restated a plan to carry out
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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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Federal Reserve officials raised a key short-term interest rate yesterday for the fifth time this year, and indicated they will gradually move rates higher next year to keep inflation under control as the economy expands.
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The Federal Reserve yesterday raised its key interest rate for the fifth time since June, signaling that it expects the economy to grow moderately and interest rates to rise gradually in the new year.
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: The Federal Reserve on Wednesday nudged US interest rates up a quarter percentage point for the fourth time this year, citing healthier job markets and indicating it will press on with a rate-rise campaign.
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The Federal Reserve is expected to  lift interest rates again this week to 5.25 percent in its  seventeenth straight quarter percentage point hike and signal  that further increases may be needed to keep inflation at bay.
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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 pushed US interest rates up by a modest quarter-percentage point on Tuesday and expressed confidence that inflation could be kept at bay by slowly lifting credit costs from rock-bottom levels.
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The US Fed has done it again. Though the 25 basis points interest rate hike was largely on expected lines, unlike the previous two hikes of 25 basis points each in July and August respectively, there was some
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The Federal Reserve on Wednesday  nudged U.S. interest rates up a quarter percentage point for  the fourth time this year, citing healthier job markets and  indicating it will press on with a rate-rise campaign.
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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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WASHINGTON - With the economy moving ahead and the nation's payrolls picking up a bit, Federal Reserve policy-makers boosted short-term interest rates for a third time this year - but left economists split about when the next increase might come.    Fed Chairman Alan Greenspan and his Federal Open Market Committee colleagues - the group that sets interest-rate policy - increased the target for the federal funds rate from 1.50 percent to 1.75 percent...
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Alan Greenspan, chairman of the US Federal Reserve, did what he had to do last week, raising interest rates for the fifth time in a row by a quarter point, to 2.25 percent, and leaving little doubt that the increases would continue.
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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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WASHINGTON - Federal Reserve policy-makers boosted interest rates for a third time this year, and economists believe there probably will be another increase before the year is over depending on how the economic expansion unfolds.    Fed Chairman Alan Greenspan and his colleagues pushed up the target for the federal funds rate to 1.75 percent on Tuesday, the third quarter-point upward jog since June...
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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 after a slow period.
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The Swiss central bank has raised its key Libor interest rate by a quarter of a percentage point to a range between 1.25 percent and 2.25 percent to dampen the threat of inflation.