Fed may acknowledge stronger economy
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The Federal Reserve opened a two-day monetary policy meeting that was expected to acknowledge stronger economic conditions, diminishing hopes for a rate cut soon.
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U.S. economic activity expanded from  mid-April through May, with a number of areas reporting  stronger growth, the Federal Reserve said on Wednesday.
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WASHINGTON -- The economy is in pretty good health despite the ailing housing and auto industries, allowing the Federal Reserve to feel comfortable about leaving a key interest rate alone.
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U.S. economic growth stayed on track  in September, with stronger durable goods orders and positive  news from the housing sector on Wednesday bolstering views the  Federal Reserve will raise interest rates again.
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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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Washington - With the US economy expanding at a respectable pace, companies hiring and consumers inclined to spend, Federal Reserve policy makers can feel comfortable about boosting short-term interest rates for a fourth time this year.
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U.S. economic activity expanded from mid-April through May, with some regions reporting stronger growth, the Federal Reserve said on Wednesday.
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The Federal Reserve will keep lifting U.S. interest rates to less stimulative levels but will focus increasingly on economic data as they make their decisions, a raft of Fed officials suggested on Tuesday.
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Oil prices have shaped the Federal Reserve's outlook for the U.S. economy but an upgrade of second quarter GDP boosts its confidence that growth is regaining momentum, a top Fed policymaker said on Thursday.
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The U.S. economy should perform well  this year and in 2007 despite higher energy prices, the Federal  Reserve said in its 2005 report on Monday.
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U.S. Federal Reserve officials are   expected to hold interest rates steady on Wednesday, but they   are also seen renewing an inflation warning even while taking   stock of cooler economic growth.
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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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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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Faced with a strengthening economy and scant signs of runaway prices, the Federal Reserve appeared set to keep interest rates steady on Wednesday while keeping up a verbal guard against potential inflation.
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Observers widely expect the U.S. Federal Reserve to raise U.S. interest rates by a quarter-percentage point at the conclusion of a two-day meeting that opens on Tuesday as the U.S. economy is growing steadily.
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Federal Reserve head Ben Bernanke expects the US economy to rebound, even as the housing slump continues.
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The Federal Reserve will keep lifting  U.S. interest rates to less stimulative levels but will focus  increasingly on economic data as they make their decisions, a  raft of Fed officials suggested on Tuesday.