Fed holds rates steady, nods to ease in inflation
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The Federal Reserve on Thursday held  benchmark U.S. interest rates steady at 5.25 percent for an  eighth straight meeting and dropped a description of core  inflation as &quot;elevated.&quot;
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With a fall in oil prices easing inflation concerns, the Federal Reserve is expected to continue its easy-does-it approach to raising interest rates, boosting a key rate by a moderate quarter-point at its final meeting of the year Tuesday.
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The U.S. Federal Reserve on   Wednesday held its benchmark interest rate steady for a second   straight meeting, biding time to assess whether cooling   economic growth will curb price pressures.
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Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy appears on sound footing with inflation easing, and expressed confidence the current level of interest rates will cut further into price pressures.
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The European Central Bank held its main interest rate steady as expected on Thursday amid rising inflation and slowing economic growth.
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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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Federal Reserve policy-makers started a two-day meeting on Wednesday that is widely expected to lead to a decision to hold interest rates steady and a restatement of concerns about inflation.
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The U.S. Federal Reserve on Tuesday  held benchmark interest rates steady at 5.25 percent for a  fourth straight meeting, while renewing a warning that risks  from inflation remain.
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US inflation is under control and is expected to remain tame, Federal Reserve Board governor Ben Bernanke said.
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The economic expansion has firmed, yet inflation remains tame, Alan Greenspan, Federal Reserve chairman, said yesterday. That buttressed economists' views that the Fed for now will stick with its gradual approach to raising interest rates.
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The U.S. Federal Reserve on   Wednesday held its benchmark interest rate steady for a second   straight meeting, saying that while inflation risks remain,   they should abate as economic growth slows.
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Data released on Friday showed the   U.S. economy slowing with inflation in check last month,   providing further support for the Federal Reserve to hold   interest rates steady when it meets next week.
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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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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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The U.S. Federal Reserve held  benchmark interest rates steady at 5.25 percent on Wednesday  for a fifth straight meeting, while maintaining a warning on  the risk of inflation.
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US Federal Reserve said Wednesday that rate hikes can continue at a &quot;measured pace&quot; as &quot;inflation and longer-term inflation expectations remain well contained&quot;.
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With a fall in oil prices easing inflation concerns, the Federal Reserve is expected to continue its easy-does-it approach to raising interest rates, boosting a key rate by a moderate quarter-point today.