Swiss National Bank Raises Interest Rate
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The Swiss National Bank on Thursday raised its key interest rate by a quarter of a percentage point for the second time this year as the country's economy continued to recover.
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Hong Kong&#39;s de facto central bank on Thursday raised its key rate by a quarter of a percentage point to 3.50 percent, matching the latest rate hike by the US Federal Reserve.
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Seeking to cool Chinaâs rapid growth rate, the Peopleâs Bank of China announced Friday that it will raise interest rates to 6.84 percent, the highest level in eight years.
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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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WELLINGTON : New Zealand&#39;s central Reserve Bank lifted interest rates for the sixth time this year. Governor Alan Bollard said in a statement the cash rate had been raised to 6.50 percent from 6.25 percent.
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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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Credit Suisse Group, Switzerland&#39;s second-largest bank, posted a third-quarter net profit Thursday that was more than five times higher than restated results for the same period a year ago.
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The Bank of Japan raised its main interest rate on Wednesday by a quarter percentage point to 0.50 percent, the highest in more than a decade, but the yen retreated as the central bank signaled caution on further increases.
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New Zealand's central bank unexpectedly raises interest rates to 8% sending the currency to a 22-year high.
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China's central bank on Thursday raised  interest rates for the first time in nearly a decade in its  boldest move yet to guide its heated economy to a path of  slower growth.
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Citing a risk of higher inflation, the European Central Bank raised its interest rate to 3.25 percent.
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NEW DELHI India&#39;s central bank on Tuesday unexpectedly raised a key interest rate for the first time in four years, saying that soaring commodity prices and corporate demand for credit threatened to fuel inflation.
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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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WASHINGTON - 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.    Fed Chairman Alan Greenspan and his colleagues pushed up the target for the federal funds rate to 1.75 percent on Tuesday, the third quarter-point upward jog since June...
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The Bank of Canada raised its overnight interest rate a quarter percentage point on Tuesday to 2.50 percent as expected, and made clear it would keep raising rates even as it lowered its forecast for Canadian growth.
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The Bank of Canada rate will hit four per cent by late next year, an economist predicts. OTTAWA -- The Bank of Canada raised its key policy interest rate yesterday while hinting that this could be the start of a new upward trend in borrowing costs.
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The Reserve Bank has raised the Official Cash Rate by a further 25 basis points, to 6.5 percent. It&#39;s the sixth rate rise this year, and matches market anticipations.