US interest rate rise expected
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US interest rates are expected to rise by a quarter percentage point to 2.25% following a US Federal Reserve meeting later on Tuesday.
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The Federal Reserve raised US interest rates on December 14, 2004 by a quarter-percentage point for the fifth time this year and said it will keep gradually lifting them from rock-bottom levels as the economy grows.
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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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The US central bank, the Federal Reserve, Tuesday raised short term interest rates for the third time in as many months. The central bank believes the economy has absorbed the sharp rise in energy prices that occurred earlier this year.
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Federal Reserve policy-makers were expected to raise US interest rates on Tuesday for a third time this year, continuing to lift borrowing costs from rock
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WASHINGTON -- Federal Reserve officials are expected to nudge interest rates up tomorrow for a fifth time this year, another small step in a campaign to gradually lift borrowing costs before inflation rears its head.
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The Federal Reserve is expected to nudge interest rates up for a fourth time this year on Wednesday, acting on the belief that the economy has finally emerged from an extended "soft patch."
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US interest rates are expected to rise for the fifth time since June following the US Federal Reserve&#39;s latest rate-setting meeting later on Tuesday.
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Bank of England policymakers are set to increase on Thursday British interest rates to 5.75 percent, a six-year high, as Britain&#39;s economy grows faster than expected, analysts said.
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The dollar rose against the yen and the euro in London on expectations the Federal Reserve will lift interest rates tomorrow and signal it plans further increases.
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The discovery of life in the American jobs market might keep the Federal Reserve raising interest rates until the end of the year, US analysts said yesterday.
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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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The Federal Reserve is likely to announce a quarter-point rise in the federal funds target rate from 1.75 percent to 2.0 percent, economists and traders agree.
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U.S. interest rate futures showed an  increased chance of a 50 basis-points June rate hike on  Thursday after a stronger-than-expected June New York Fed  Empire State Manufacturing Survey and weekly U.S. jobless  claims.
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The Federal Reserve raised U.S.  interest rates on Wednesday by a quarter percentage point for a  fourth time this year, citing brightening job markets that  likely mean more increases lie ahead.
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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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The dollar edged toward a two-month high  against the euro on Friday, buoyed by expectations that U.S.  interest rates will continue to rise steadily, attracting funds  to the United States.