Fed nudges up key interest rate
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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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Federal Reserve officials, citing recent signs of economic improvement, raised a key short-term interest rate Tuesday for a third time this year and signaled that they are
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The US Federal Reserve raises rates for the fifth time this year, taking them a quarter percentage point higher to 2.25%.
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Federal Reserve chairman Alan Greenspan and his central bankers gave the national economy a vote of confidence yesterday and raised the key federal funds interest rate by a quarter-point.
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Federal Reserve officials raised a key short-term interest rate today and indicated they will continue lifting rates gradually this year to keep inflation in check as the economy grows.
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The Fed raised short-term interest rates another notch today, and it suggested that it will keep raising them gradually over the next year.
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Federal Reserve officials raised a key short-term interest rate Tuesday 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 US 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 raises interest rates to 1.75%, the third rise this year, indicating a recovery in the world's largest economy is on track.
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The Federal Reserve boosted a key short-term interest rate by one-quarter percentage point today, marking the third increase this year.
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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 as the economy grows.
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The US Federal Reserve raises US interest rates by a quarter of one percent to 2.5%, its sixth straight rise since June.
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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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THE US Federal Reserve is set to press ahead this week with a further rise in American interest rates, with markets on alert for a signal of the pace and timing of future increases.
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WASHINGTON - The Federal Reserve boosted a key short-term interest rate by one-quarter percentage point Tuesday, marking the third increase this year. It's part of a gradual process to wean the economy from extraordinarily low rates that are no longer viewed as necessary to keep the economy afloat...
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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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By Andrew Balls in Washington and Jennifer Hughes in New York. The 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 current economic conditions.