Fed Boosts Rate for Third Time in 2004
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WASHINGTON - With the economy moving ahead and the nation's payrolls picking up a bit, Federal Reserve policy-makers boosted short-term interest rates for a third time this year - but left economists split about when the next increase might come.    Fed Chairman Alan Greenspan and his Federal Open Market Committee colleagues - the group that sets interest-rate policy - increased the target for the federal funds rate from 1.50 percent to 1.75 percent...
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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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Federal Reserve officials raised a key short-term interest rate yesterday 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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U.S. stocks rose on Tuesday after the  Federal Reserve raised short-term interest rates by a quarter  point for the third time this year.
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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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WASHINGTON -- Federal Reserve policymakers are widely expected to raise interest rates to their highest level in three years when they meet Wednesday.
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The US Federal Reserve raises interest rates to 2.25%, the fifth increase this year.
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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 US economy picked up speed in the third quarter to expand at a 3.7 percent annual rate, the government reported Friday in the last significant look at the economy before Election Day on Tuesday.
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The European Central Bank raises eurozone interest rates by a quarter point to 3.25%, as widely forecast.
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WASHINGTON - The economy headed into the end of the year with good momentum, expanding at an annual rate of 4 percent in the third quarter, a faster clip than previously thought.
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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.
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The Federal Reserve, wanting to keep inflation at bay, is expected to boost short-term interest rates for a third time this year on Tuesday, a move that would come in the final stretch of the presidential campaign.
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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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The European Central Bank increases interest rates from 3.75% to 4% in an attempt to bring inflation under control.
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U.S. stocks advanced on Tuesday after  the Federal Reserve raised interest rates for a third time this  year, as expected, and said the economy had "regained some  traction."
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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.