Rate-setters unanimous over rise
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The Bank of England's Monetary Policy Committee was unanimous in its decision to raise rates, minutes of the meeting show.
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The European Central Bank is set to lift its key interest rate by a quarter of a percentage point at a meeting in Paris, economists say, despite lower euro-zone inflation and protests by workers' representatives looking for a pay rise.
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WASHINGTON - Consumer prices barely budged last month, suggesting that inflation isn&#39;t currently a problem for the economy and Federal Reserve policymakers can stick with a gradual approach to raising interest rates.
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The Federal Open Market Committee,  the rate-setting panel for the U.S. Federal Reserve, began its  deliberations Wednesday with a rate hike widely expected.
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Rates on 30-year and one-year mortgages climbed this week, while rates on some other home loans didn't budge.
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With the federal election out of the way, the path has been cleared for a possible interest rate hike, but some economists don&#39;t expect rates to rise until next year.
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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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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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Don't panic over rising interest rates.
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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.
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Analysts are unanimous in their prediction that the European Central Bank will increase its key interest rate Thursday, but investors are more interested to hear what bank president Jean-Claude Trichet says afterward.
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The ECB is likely to raise interest rates in a regular monthly policy meeting scheduled on Thursday. The key rate that is now at a historic low of 2% will probably be raised to combat inflationary pressures.
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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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Federal Reserve policy-makers gathered on Tuesday, with expectations unanimous they will lift US interest rates for a third time this year despite lingering signs of economic stress.
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WASHINGTON -- Concerns about inflation trumped worries about the slumping housing market last month in the minds of Federal Reserve officials who voted to hold interest rates steady.
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The Governing Council of the European Central Bank decided to keep the interest rates at 2 % on Thursday. The same day, the Bank of England also announced the decision to keep its key rate unchanged at 4.75%.
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Bank of England policymakers voted by 7-2 to raise interest rates by a quarter of a percentage point to a five-year peak of 5.00 percent, minutes of their most recent meeting have shown.