Fed Raises Rates Again, to 2%, and Sees No Reason to Stop
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The Federal Reserve raised short-term interest rates today for the fourth time this year and suggested that it would continue to raise them gradually over the next year.
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The Fed raised short-term interest rates another notch today, and it suggested that it will keep raising them gradually over the next year.
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The Federal Reserve raised short-term interest rates on Tuesday for the fifth time this year and suggested that more rate increases are in order in the months ahead.
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The US Federal Reserve raises US interest rates by a quarter of one percent to 2.5%, its sixth straight rise since June.
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: The Federal Reserve on Wednesday nudged US interest rates up a quarter percentage point for the fourth time this year, citing healthier job markets and indicating it will press on with a rate-rise campaign.
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THE United States Federal Reserve is expected to raise the bellwether federal funds rate, which banks charge each other for overnight loans, by a quarter point to 2.25 per cent today.
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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 on Wednesday  nudged U.S. interest rates up a quarter percentage point for  the fourth time this year, citing healthier job markets and  indicating it will press on with a rate-rise campaign.
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Federal Reserve officials are set to jack up interest rates on Tuesday for a fifth time this year, confident the U.S. expansion is self-supporting and no longer in need of rock-bottom borrowing costs for a boost.
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Federal Reserve officials raised a key short-term interest rate today and indicated they will continue lifting rates gradually this year to keep inflation in check as the economy grows.
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Federal Reserve officials raised a key short-term interest rate yesterday for the fifth time this year, and indicated they will gradually move rates higher next year to keep inflation under control as the economy expands.
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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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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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THE US Federal Reserve has raised interest rates for the third time this year in spite of a renewed surge in oil prices. The widely expected move took the funds rate up a quarter-point to 1.75 per cent, following similar moves in August and June.
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Federal Reserve policymakers today raised interest rates by another notch for the fifth consecutive time this year amid signs of a strengthening economy.
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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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WASHINGTON - The US Federal Reserve Board late yesterday boosted short-term interest rates for the fifth time in a row, warning of higher rates next year as it abandons easy money to head off inflation.