Fed nudges up interest rates
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As expected, the Federal Reserve raised a key interest rate one-quarter point in continuing efforts to stave off inflation while holding rates at near record lows to help fuel economic expansion.
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Federal Reserve policymakers today raised interest rates by another notch for the fifth consecutive time this year amid signs of a strengthening economy.
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The Federal Reserve said it will keep gradually lifting interest rates from rock-bottom levels to forestall inflation.
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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.
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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 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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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  momentum, signaling at least one more to come.
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The Federal Reserve appears poised to continue raising interest rates for most if not all of this year.
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: Federal Reserve officials are set to jack up interest rates on Tuesday 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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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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For the third time in as many meetings, the Federal Reserve raised a key interest rate by a quarter of a point, which experts say sends a message the economy is moving in the right direction at the right speed.
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THE US Federal Reserve has raised interest rates for the fifth time since June and signalled it was likely to keep pushing them higher at a &quot;measured&quot; pace in the new year.
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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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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.
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Federal Reserve policy makers raised the benchmark US interest rate a quarter point to 2.25 percent and restated a plan to carry out further increases at a ``measured&#39;&#39; pace.
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The U.S. Federal Reserve will take  another small step this week toward raising interest rates to  more normal levels, but may be getting rates up to a point that  allows for a pause in increasing them, analysts say.
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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.