Fed Steps Up Interest Rates a Sixth Time
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The Federal Reserve raised short-term interest rates on Wednesday and signaled that it intends to keep raising rates in the months to come.
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The Federal Reserve is expected to  lift interest rates again this week to 5.25 percent in its  seventeenth straight quarter percentage point hike and signal  that further increases may be needed to keep inflation at bay.
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China raised interest rates on Thursday for the sixth time this year, the latest of a series of tightening steps to cap inflation and prevent the world's fourth-largest economy from overheating.
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China raised interest rates on Thursday  for the sixth time this year, the latest of a series of  tightening steps to cap inflation and prevent the world's  fourth-largest economy from overheating.
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The Federal Reserve lifted short-term interest rates a quarter-point on Tuesday, continuing its bet that the economy can keep growing steadily through the Fed&#39;s rate-hike campaign.
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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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The Federal Reserve yesterday boosted its key interest rate for the sixth time since June, which will lead to higher charges on credit cards, home equity lines of credit, and other short-term loans, but not necessarily higher interest payments for savings and money market accounts.
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The Federal Reserve, wanting to keep inflation at bay, is expected to boost short-term interest rates for a third time this year on Tuesday, a move that would come in the final stretch of the presidential campaign.
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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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The Federal Reserve has hiked benchmark interest rates by one-quarter of one percent for the fifth time this year. At the final scheduled meeting of the year the Federal Open Market Committee boosted the federal funds rate to 2.25 percent.
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WASHINGTON - The US Federal Reserve, as expected, boosted its key interest rate on Tuesday for the third time in three months as it tries to stay one step ahead of inflation by gradually raising rates from 42-year lows.
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Mortgage rates around the country went up last week, although 30-year mortgages still were below 6 percent for a sixth straight week.
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Federal Reserve policy-makers boosted interest rates for a third time this year, and economists believe there probably will be another increase before the year is over depending on how the economic expansion unfolds.
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The US central bank raised a key interest rate one-quarter of a percent (to 2.25) Tuesday in a bid to fend off future inflation. It is the fifth time since June that Federal Reserve officials have
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WASHINGTON - The Federal Reserve, wanting to keep inflation at bay, is expected to boost short-term interest rates today for the third time this year, a move that would come in the final stretch of the presidential campaign.
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Federal Reserve policy-makers raised interest rates yesterday for the fifth time this year and suggested they will continue gradual rate increases in 2005.
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The U.S. Federal Reserve on Tuesday  raised interest rates for the third time this year by a quarter  of a percentage point and said the economy was regaining some  momentum, signaling at least one more to come.