US interest rates held at 5.25%
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US interest rates are kept on hold at 5.25% for the fifth time running, amid signs of strong economic growth.
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The European Central Bank left intact its main interest rate at 4 percent, stepping away from a threat to raise rates, as the Bank of England cut its benchmark rate by a quarter-point, to 5.25 percent.
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Federal Reserve officials are set to jack up interest rates tonight for a fifth time this year, confident the US expansion is self-supporting and no longer in need of rock-bottom borrowing costs for a boost.
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Bank of England policymakers are widely expected to hold interest rates at 5.25 percent on Thursday, while recent volatility across financial markets is unlikely to affect the outcome, economists said.
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The Bank of England has chosen to keep interest rates unchanged at 5.25 percent, deciding against another increase following January's surprise hike.
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UK interest rates are expected to remain at 5.75% following the Bank of England's latest meeting.
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The U.S. Federal Reserve held benchmark interest rates steady at 5.25 percent on Wednesday for a fifth straight meeting, while maintaining a warning on the risk of inflation.
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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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UK interest rates are set to remain on hold at 5% following the Bank of England's latest meeting.
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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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The US Federal Reserve yesterday raised interest rates by a quarter point to 2.25 per cent and signalled that there had been no change in its assessment of economic conditions.
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The US Federal Reserve raises interest rates to 2.25%, the fifth increase this year.
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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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The central bank left its benchmark interest rate unchanged at 5.25 percent and signaled that it would keep it at that level for some time.
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The US Federal Reserve is expected to hold interest rates at 5.25% as evidence grows of a slowing economy.
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The Federal Reserve is preparing to meet to decide whether US interest rates should be cut from 5.25%.
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The Bank of England held a key interest rate steady at 5.25 percent on Thursday.