WRAPUP 3-Cleveland Fed chief says US needs higher rates
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US interest rates should rise to forestall future price pressures, Cleveland Fed President Sandra Pianalto said on Friday, while conceding that inflation did not pose a major threat now.
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More U.S. interest rate increases lie ahead, but they would likely not need to be at a faster pace because inflation is contained, Federal Reserve officials said on Friday.
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Philadelphia Federal Reserve Bank President Charles Plosser on Wednesday said more interest rate increases may be needed to keep price rises in check as the economy resumes growth.
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SAN FRANCISCO (CBS.MW) -- Matching job growth and economic growth are key to the Fed&#39;s pace of raising short-term interest rates, Janet Yellen, president of the San Francisco Federal Reserve Bank, said in an interview published Sunday.
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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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WASHINGTON - Federal Reserve policy-makers are expected to raise short-term interest rates for a third time this year, part of a gradual process to wean the economy from ultralow rates, which are no longer needed as a bracing tonic.    Although private economists have mixed opinions whether the economy still is working through its late-spring blues or has emerged, most believe the economy is in good enough shape for the Fed to boost rates again...
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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 US Federal Reserve raises rates for the fifth time this year, taking them a quarter percentage point higher to 2.25%.
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Former Federal Reserve Chairman Alan  Greenspan said in an interview published on Monday the Fed  would have to raise interest rates to double-digit levels in  coming years to thwart inflation.
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BASEL, Switzerland  - Central banks around the world should raise interest rates further to curb inflation pressures, the Bank for International Settlements said on Sunday.
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NEW YORK, September 20  - The US Federal Reserve is expected to raise the interest rates and announce its plans for further rate hikes tomorrow.
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U.S. inflation pressures have  stabilized but are still too high and may warrant further  interest rate hikes to bring them back down, Dallas Federal  Reserve Bank President Richard Fisher said on Tuesday.
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The Federal Reserve still has some way to go to restore US interest rates to more normal levels, Philadelphia Federal Reserve President Anthony Santomero said on Monday.
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Federal Reserve policy-makers were expected to raise US interest rates on Tuesday for a third time this year, continuing to lift borrowing costs from rock
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WASHINGTON - Federal Reserve policymakers suggested that &quot;significant&quot; increases in short-term interest rates probably would be needed to keep inflation from becoming a problem, according to minutes released Thursday of their August meeting.
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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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OAK BROOK, Illinois  - Federal Reserve Bank of   Cleveland President Sandra Pianalto said on Friday the U.S.   central bank would keep inflation at bay, but warned it was   "always difficult" to set the right level for interest rates.