Fed meeting resumes; rate cut seen
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The Federal Reserve on Wednesday resumed a two-day policy meeting that is widely expected to result in a decision to cut U.S. interest rates again to shore up the faltering economy.
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Shares fluctuated in early trading as the Federal Reserve opened a two-day meeting expected to result in another interest rate cut.
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U.S. Federal Reserve policy-makers  met on Wednesday amid universal expectation they will nudge  interest rates up for a fourth time this year and growing  speculation that they will carry on with rate hikes.
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WASHINGTON - Another small hike in United States interest rates is seen as a certainty when Federal Reserve policy-makers meet today.
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The U.S. Federal Reserve is expected to chart a new course on Tuesday and cut benchmark interest rates for the first time since mid-2003 to protect the economy from a housing downturn and jittery credit markets.
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WASHINGTON  - US Federal Reserve policymakers met, poised to raise key interest rates to remove some of the cheap-money stimulus washing through the economy.
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Betting on banks and movie theaters could be a good move if the Federal Reserve lowers a key interest rate at today's meeting.
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The Federal Reserve is preparing to meet to decide whether US interest rates should be cut from 5.25%.
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The Federal Open Market Committee, the rate-setting panel for the US Federal Reserve, began its deliberations Wednesday with a rate hike widely expected.
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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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TORONTO (CP) - The next meeting of the US Federal Reserve will dominate markets early in the week as investors look for clues about economic strength and the pace of interest rate hikes.
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Wall Street advanced sharply Tuesday, as the Federal Reserve opened a two-day meeting at which it is expected to cut interest rates again to revitalize the economy.
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The next meeting of the US Federal Reserve will dominate markets early in the week as investors look for clues about economic strength and the pace of interest rate hikes.
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Federal Reserve policy-makers  gathered on Tuesday, with the expectation they will lift U.S.  interest rates for a third time this year despite lingering  signs of economic stress.
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Key economic data from the United  States this week may seal the case for the first cut in the  federal funds rate in more than four years, which would help  ease investor concerns about a fallout from the subprime  crisis.
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Stocks looked set for a strong open on Monday, as investors scooped up equity futures on expectations that the Federal Reserve will cut interest rates at the end of a two-day policy meeting that will begin on Tuesday.
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The Federal Reserve concludes a two-day meeting Thursday widely expected to hold interest rates steady and note signs of a rebound in the US economy, despite the persistent slump in housing, analysts say.