Fed raises lending rate
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Consumers may not notice for another month, but the Federal Reserve yesterday concluded that the that the economy &quot;appears to have regained some traction&quot; and raised its key
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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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U.S. mortgage applications rose for  the first time in three weeks as interest rates on home loans  fell from a four-year high during a week when the Federal  Reserve raised borrowing costs, an industry trade group said on  Thursday.
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Federal Reserve officials raised a key short-term interest rate Tuesday for the fifth time this year, and indicated they will gradually move rates higher next year to keep inflation under control as the economy expands.
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The U.S. economy continued its expansion over the past month, with labor market conditions improving and business lending on the rise, the Federal Reserve said on Wednesday.
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The U.S. 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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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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5 Tips: The Fed is widely expected to raise its overnight lending rate. What does that mean for you? By Gerri Willis, CNN/Money contributing columnist.
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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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The U.S. economy continued its  expansion over the past month, with labor market conditions  improving and business lending on the rise, the Federal Reserve  said on Wednesday.
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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 bank raised its benchmark interest rate to 3.75 percent, and made clear that it was willing to tighten credit further.
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Canadians are paying more to borrow money for homes, cars and other purchases today after a quarter-point interest-rate increase by the Bank of Canada yesterday was quickly matched by the chartered banks.
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Business & money: Mortgage lending rose to record levels last month as borrowers reacted to further interest rate rises.
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The US Federal Reserve last night raised interest rates for the third time this year in spite of a renewed surge in oil prices. The widely expected move took the Fed funds&#39; rate up a quarter-point to 1.75%, following similar moves in August and June.
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As expected, the central bank raised the federal funds rate on overnight loans by a quarter point, to 2.25 percent.
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OTTAWA (CP) - The Bank of Canada raised its key policy interest rate by a quarter of a percentage point to 2.50 per cent Tuesday as it tries to encourage growth while controlling inflation.