Fed lifts rate, says economy picking up
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The Federal Reserve yesterday boosted its key interest rate for the third time in as many months, signaling the economy has rebounded from its recent struggles and inflation remains in check.
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The Federal Reserve lifted short-term interest rates a quarter-point on Tuesday, continuing its bet that the economy can keep growing steadily through the Fed&#39;s rate-hike campaign.
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US stocks gained yesterday, after the Federal Reserve raised interest rates as expected, while it reassured investors that inflation was in check and indicated the economy was growing at a moderate pace.
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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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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 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 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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U.S. stocks rose on Tuesday after the  Federal Reserve said the economy was regaining some momentum  and raised interest rates for the third time this 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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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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US Federal Reserve officials are growing more confident about the economic outlook. The economy, which grew at a 3.9 per cent annualised rate in the third quarter and is expanding
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Economic activity expanded from mid-April through May, with a number of areas reporting stronger growth, the Federal Reserve said on Wednesday.
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The Federal Reserve raised short-term interest rates on Wednesday and signaled that it intends to keep raising rates in the months to come.
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U.S. economic activity expanded from mid-April through May, with some regions reporting stronger growth, the Federal Reserve said on Wednesday.
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WASHINGTON - The US Federal Reserve, as expected, boosted its key interest rate on Tuesday for the third time in three months as it tries to stay one step ahead of inflation by gradually raising rates from 42-year lows.
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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.