Fed seen raising key rate 0.25%
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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 today.
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: Federal Reserve officials are set to jack up interest rates on Tuesday for a fifth time this year, confident the US expansion is self-supporting and no longer in need of rock-bottom borrowing costs for a boost.
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The Bank of Japan will raise a key interest rate to 0.25 percent from zero next week, a news report said Tuesday, amid conflicting signals from government officials over the wisdom of such a move.
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Australia's interest rates, stable at 5.25 percent since December 2003, may be raised within months amid signs of renewed inflationary pressures, the central bank warned.
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The Federal Reserve pushed U.S. 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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NEW YORK - In a widely expected move, the Federal Reserve (search) Tuesday raised its target for the federal funds rate by 25 basis points to 1.75 percent, its third rate increase in a row.
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The Federal Reserve is expected to nudge interest rates up today for a fourth time this year, acting on the belief that the economy has finally emerged from an extended &#39;&#39;soft patch.
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Federal Reserve officials are expected to nudge interest rates up on Tuesday 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 Swiss central bank has raised its key Libor interest rate by a quarter of a percentage point to a range between 1.25 percent and 2.25 percent to dampen the threat of inflation.
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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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The U.S. Federal Reserve is likely next week to raise its target federal funds rate to 1.75 percent from 1.5 percent, nearing the end of the first stage of what appears to be a two-stage plan to return rates to "normal" levels, the Wall Street Journal said on Tuesday.
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Federal Reserve policy-makers raised the benchmark US interest rate a quarter point to 2.25 per cent and restated a plan to carry out
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The Federal Reserve is widely expected to raise the federal funds rate at its policy meeting on Tuesday, Sept. 21, despite recent mixed economic news.
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The Federal Reserve is likely to lift key rates by a quarter-point this week, but a sputtering US economy is forcing policymakers to re-evaluate the outlook for future increases, analysts say.
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Federal Reserve officials raised a key short-term interest rate Tuesday 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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Federal Reserve officials are set to jack up interest rates tonight for a fifth time this year, confident the US expansion is self-supporting and no longer in need of rock-bottom borrowing costs for a boost.
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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.