Federal Reserve Raises Rates for 6th Time
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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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The Federal Reserve raised US interest rates 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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Reserve Bank Governor Alan Bollard reckons he has done enough to slow the economy and keep inflation under control after yesterday raising interest rates for the sixth time this year.
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The Federal Reserve has hiked benchmark interest rates by one-quarter of one percent for the fifth time this year. At the final scheduled meeting of the year the Federal Open Market Committee boosted the federal funds rate to 2.25 percent.
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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.
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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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Federal Reserve officials are set to jack up interest rates on Tuesday for a fifth time this year, confident the U.S. expansion is self-supporting and no longer in need of rock-bottom borrowing costs for a boost.
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Mortgage rates around the country went up last week, although 30-year mortgages still were below 6 percent for a sixth straight week.
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Mortgage rates around the country went up this week, although 30-year mortgages still were below 6 percent for a sixth straight week.
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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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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 US central bank, the Federal Reserve, Tuesday raised short term interest rates for the third time in as many months. The central bank believes the economy has absorbed the sharp rise in energy prices that occurred earlier this year.
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The Federal Reserve raised US interest rates on December 14, 2004 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 US 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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The cash rate in New Zealand now sits at 6.5 per cent after Reserve Bank of New Zealand (RBNZ) again raised interest rates by 25 basis points, the sixth such increase since January 2004.
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ITH THE US economy moving ahead and the nation&#39;s payrolls picking up, Federal Reserve policymakers boosted short-term interest rates for a third time this year - the last chance to do so before the November Preseidential election in six weeks.
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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.