Fed speakers reinforce view for rising US interest rates
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CHICAGO (CBS.MW) - The dollar turned mixed, paring broad gains earned Thursday in the wake of US jobless claims data that reinforced expectations for rising US interest rates.
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Federal Reserve policy-makers believed at their September meeting that more interest rate increases would be needed to make sure inflation remained under control, but they said future moves should be tied closely to the economy's overall performance, according to the minutes of their discussions.
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The Federal Reserve would raise interest rates if inflation moved higher, Fed Chairman Ben Bernanke said on Thursday, warning that the economy might be stronger than it appears.
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The US Federal Reserve continues to sees inflation as the "predominant concern" for the economy, minutes show.
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The recent slowdown in growth and higher oil prices probably won&#39;t stop interest rates from rising, a senior Federal Reserve official said yesterday.
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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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Rising US interest rates help push the dollar higher as finance ministers gather for the G7 meeting in the UK.
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WASHINGTON : US Federal Reserve policymakers, widely expected to hike interest rates, struggled to find words to reassure financial markets that the economy is strong enough to withstand the higher rates.
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The Federal Reserve pushed US interest rates up by a modest quarter-percentage point on Tuesday and expressed confidence that inflation could be kept at bay by slowly lifting credit costs from rock-bottom levels.
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WASHINGTON - Federal Reserve policymakers suggested that &quot;significant&quot; increases in short-term interest rates probably would be needed to keep inflation from becoming a problem, according to minutes released Thursday of their August meeting.
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Federal Reserve officials are set to jack up interest rates tonight for a fifth time this year, confident the US expansion is self-supporting and no longer in need of rock-bottom borrowing costs for a boost.
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WASHINGTON: The Federal Reserve is likely to lift key rates by a quarter-point this week, but a sputtering US economy is forcing policymakers to re-evaluate the outlook for future increases, analysts say.
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America&#39;s central bank, the Federal Reserve, last night raised interest rates for the fourth time in six months and warned US consumers and businesses to expect further increases in the cost of borrowing over the coming months.
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WASHINGTON: The Federal Open Market Committee, the rate-setting panel for the US Federal Reserve, began its deliberations Wednesday with a rate hike widely expected.
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More U.S. interest rate increases  lie ahead, but they would likely not need to be at a faster  pace because inflation is contained, Federal Reserve officials  said on Friday.
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NEW YORK, September 21  - The US Federal Reserve raised the interest rates by a quarter percentage point today, in-line with the broad expectations.
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: Federal Reserve officials are set to jack up interest rates on Tuesday for a fifth time this year, confident the US expansion is self-supporting and no longer in need of rock-bottom borrowing costs for a boost.