Sunny Fed leaves no doubt about another rate increase
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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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U.S. inflation remains well  contained but the Federal Reserve is on high alert for signs of  any pick-up in prices, top policy-makers said on Wednesday.
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Philly Fed president sees no need for central bank to halt rate hikes; employment set to rise. PHILADELPHIA  - The US economy is on course for sustainable expansion with little danger of inflationary
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WASHINGTON (CBS.MW) -- There&#39;s little doubt that the Federal Open Market Committee will raise its short-term interest rate target by a quarter-percentage point at Wednesday&#39;s meeting, economists and traders say.
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The Federal Reserve pushed US interest rates up by a modest quarter-percentage point on Tuesday and expressed confidence that inflation could be kept at bay by slowly lifting credit costs from rock-bottom levels.
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The economic expansion has firmed, yet inflation remains tame, Federal Reserve Alan Greenspan said Wednesday. That buttressed economists' view that the Fed for now will stick with its gradual approach to raising interest rates.
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The Federal Reserve, while  remaining watchful as prices and interest rates tick higher, is  holding to its mantra that rate increases will be "measured,"  senior Fed officials indicated on Friday.
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WASHINGTON - The Federal Reserve raised its target for short-term interest rates Wednesday, comfortable that the economy has passed late spring&#39;s &quot;soft patch.
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Fed officials have left no doubt that they will raise short-term rates by a quarter point, to 2 percent, but they are still keeping their options open for December and next year.
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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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A fourth interest rate hike may be a foregone conclusion Wednesday but the Federal Reserve&#39;s next move in December is far from certain, and analysts say it&#39;s likely to remain that way for a while.
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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 has said interest rates may rise again - despite deciding to halt them earlier this month.
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US stocks gained yesterday, after the Federal Reserve raised interest rates as expected, while it reassured investors that inflation was in check and indicated the economy was growing at a moderate pace.
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(12/15/04)-- Investors are not necessarily eager for higher interest rates, but at least the Federal Reserve&#39;s quarter-percent boost brought no surprises.
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Not too hot, not too cold--and no rate change for the rest of the year?
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Don't panic over rising interest rates.