Fed raises rates another quarter-point
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The Federal Reserve raised short-term interest rates a quarter-point for the fourth time in five months Wednesday, extending its campaign to keep inflation in check after the economy showed impressive job growth over the past three months.
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Another Fed meeting looms with another quarter-point interest rate hike virtually assured. It may seem strange that the Fed continues to raise interest rates on the heels of a summer-long economic soft patch.
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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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The U.S. Federal Reserve on Tuesday  raised interest rates for the third time this year by a quarter  of a percentage point and said the economy was regaining some  momentum after a slow period.
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The dollar crept up on Wednesday,  although it stayed under pressure after the Federal Reserve  raised interest rates as expected but raised doubts about its  next move.  The policy-setting Federal Open Market Committee  raised rates by a quarter percentage point to 1.75 percent,  adding to similar increases in June and August.
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The US 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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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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Federal Reserve policy makers raised the benchmark US interest rate a quarter point to 2.25 percent and restated a plan to carry out further increases at a ``measured&#39;&#39; pace.
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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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The European Central Bank raised its benchmark interest rate by a quarter-point and signaled more increases were likely next year.
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The US Federal Reserve yesterday raised interest rates by a quarter point to 2.25 per cent and signalled that there had been no change in its assessment of economic conditions.
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By Andrew Balls in Washington and Jennifer Hughes in New York. The Federal Reserve on Tuesday raised interest rates by a quarter point, to 2.25 per cent, and signalled there had been no change in its assessment of current economic conditions.
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For the third time in as many meetings, the Federal Reserve raised a key interest rate by a quarter of a point, which experts say sends a message the economy is moving in the right direction at the right speed.
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The Reserve Bank has raised the Official Cash Rate by a further 25 basis points, to 6.5 percent. It&#39;s the sixth rate rise this year, and matches market anticipations.
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The Federal Reserve boosted a key short-term interest rate by one-quarter percentage point Wednesday. Citing an improving economy and well-contained inflation, it said further increases would be gradual.
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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 - Interest rates are up and are likely going higher but don&#39;t lock in that variable-rate mortgage, experts advised Tuesday after the Bank of Canada raised interest rates a further quarter-point.