Fed to raise US rates to underpin steady growth
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WASHINGTON: Another small hike in US interest rates is seen as a certainty when Federal Reserve policy-makers meet on Wednesday - a step on the march toward a level of rates necessary to underpin long-term expansion.
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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 to forestall inflation.
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The Federal Reserve decided to keep interest rates steady Wednesday and acknowledged that the economy is slowing down, which could mean the Fed may not need to raise rates further in the near future.
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The U.S. Federal Reserve will take another small step this week toward raising interest rates to more normal levels, but may be getting rates up to a point that allows for a pause in increasing them, analysts say.
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The US Federal Reserve is expected to hike interest rates today for a fourth time this year. Analysts say the central bank is feeling more confident about the US economy, partly because of the strong payrolls
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The Federal Reserve raised short-term interest rates today for the fourth time this year and suggested that it would continue to raise them gradually over the next year.
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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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With the US economy picking up steam, the year&#39;s fourth straight interest-rate hike looked like a certainty at Wednesday&#39;s meeting of the Federal Reserve&#39;s Open Market Committee, economists said.
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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.
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Federal Reserve officials agreed at a meeting in September that they probably would keep raising their benchmark interest rate in coming quarters because of the likelihood of continued solid economic growth.
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The US Federal Reserve will take another small step this week toward raising interest rates to more normal levels, but may be getting rates up to a point that allows for a pause in increasing them, analysts say.
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U.S. Federal Reserve policy-makers   started a meeting on Wednesday at which markets expect them to   hold interest rates steady, while renewing inflation warnings   and delivering an assessment of cooler economic growth.
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The Federal Reserve can raise interest raise at a measured pace because US economic growth is ``solid&#39;&#39; and rising energy costs haven&#39;t yet sparked concern about a broader acceleration of inflation, Fed Governor Susan Bies said.
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Federal Reserve officials are expected to nudge interest rates up on Tuesday for a fifth time this year, another small step in a campaign to gradually lift borrowing costs before inflation rears its head.
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The US Federal Reserve is widely expected to keep interest rates at their current level of 5.25% on Thursday.
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The Federal Reserve uses interest rates to help manage the economy, lowering them when the economy needs a boost and raising them when the economy is growing at a pace that may
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Federal Reserve officials are  expected to nudge interest rates up on Tuesday for a fifth time  this year, another small step in a campaign to gradually lift  borrowing costs before inflation rears its head.