US Fed boosts key interest rate to 2.25 percent
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US Federal Reserve decided Tuesday to raise the federal funds rate, which commercial banks charge each other on overnight loans, by one-quarter percentage point to 2.25 percent from 2 percent.
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WASHINGTON - The US Federal Reserve on Wendesday raised interest rates by a quarter of percentage point to 2 per cent, a move that was widely predicted by economists.
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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 Wednesday by a quarter percentage point for a  fourth time this year, citing brightening job markets that  likely mean more increases lie ahead.
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NEW YORK, December 15  - The US Federal Reserve announced yesterday a widely expected quarter point hike in its overnight lending rate, the fifth hike since June this year.
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The Federal Reserve raised official interest rates last month for the third time this year despite a mixed economic outlook. The rate increase took the benchmark federal funds rate to 1.75 percent from 1.50 percent.
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US Federal Reserve chiefs boosted short-term interest rates for the fifth time in a row, promising further tightening in 2005 to head off inflation.
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The Federal Reserve&#39;s policy year was fittingly capped on Dec. 14 with another quarter-point rate hike. This widely expected move by the Federal Open Market Committee, the Fed&#39;s rate-setting arm, lifted the Fed funds rate to 2.25%.
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The Federal Reserve pushed U.S. 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 Federal Reserve has raised interest rates for the third time this year in spite of a renewed surge in oil prices. The widely expected move took the funds rate up a quarter-point to 1.75 per cent, following similar moves in August and June.
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New Zealand&#39;s central bank has again moved to ease inflation pressures, raising its key interest rate by 0.25 percentage points to 6.25 percent -- a level last seen in March 2001.
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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 US dollar rose slightly against the euro yesterday as the Federal Reserve raised a key interest rate by a quarter-point and the US trade deficit was larger than expected.
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There is a broad consensus among economists that the US central bank will continue its gentle approach to raising interest rates with a moderate 0.25pc rise to 2.25pc when it convenes for its final meeting of the year.
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US Federal Reserve policymakers, heartened by a burst in new jobs in October, raised key short-term interest rates and hinted at further small increases ahead.
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NEW YORK, September 21  - The US Federal Reserve raised the interest rates by a quarter percentage point today, in-line with the broad expectations.
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The US Federal Reserve raised US interest rates tonight for a fourth time this year by a quarter percentage point. It cited brightening job prospects, indicating that more increases may lie ahead.