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The rate increase is the first since Jerome Powell became chair of the Federal Reserve

US Federal Reserve raises interest rates again

Business / 14 Jun

The euro edged higher after Italy's new government said it did not intend to pull the country from the single currency

Euro rises despite G7 fracas as investors eye ECB, Fed

Business / 11 Jun

US unemployment rate falls to 18 year low of 3.8%

US job growth accelerates, unemployment rate drops

Business / 01 Jun

The US Fed reaffirmed that it expected to continue on a path of 'further gradual increases' in the benchmark lending rate

Federal Reserve leaves key interest rate unchanged

Business / 03 May

The US Federal Reserve was viewed as unlikely to raise US interest rates today

Dollar consolidates ahead of US Fed rates decision

Business / 02 May

US consumer spending grew at its weakest pace in nearly five years in the first quarter of the year

US economy slows in Q1 as consumer spending brakes

Business / 27 Apr

As the US economy has strengthened, the Federal Reserve has upped the pace of interest rate increases

Prospect of trade war poses risks to economy - Fed

Business / 12 Apr

US gross domestic product expanded at a 2.9% annual rate in the final three months of 2017,

US fourth-quarter GDP growth revised up to 2.9%

Business / 28 Mar

The US Consumer Price index, which tracks the costs of household goods and services, rose 0.2% in February

US consumer price gains ease in February

Business / 13 Mar

Jerome Powell is expected to oversee a rate rise at the Fed's monetary policy meeting in March

US Fed will stick to gradual rate rises - Powell

Business / 27 Feb

Most of the Fed's rate-setting committee believe that US inflation will rise

Fed policymakers show rising confidence on inflation

Business / 22 Feb

The US Consumer Price Index increased 0.5% last month as households paid more for petrol, rental accommodation and healthcare

US consumer prices accelerate in January

Business / 14 Feb

Incoming US central bank chief, Jerome Powell

US Fed keeps interest rates unchanged

US non-farm payrolls increased by 148,000 jobs last month, new figures show

US job growth slows in December, wages increase

Business / 05 Jan

The Fed's policy-setting Federal Open Market Committee last month increased the key lending rate to 1.25-1.5%

US Fed members divided over rate hikes in 2018

Business / 04 Jan

Outgoing US Federal Reserve chief Janet Yellen

Yellen says no risks to stability 'flashing red'

Business / 14 Dec 17

Having raised its benchmark overnight lending rate three times this year, the Fed projected three more hikes in each of 2018 and 2019 before a long-run level of 2.8% is reached

US Federal Reserve raises interest rate by 0.25%

Business / 13 Dec 17

Most of last month's increase in US inflation was driven by energy prices which rose 3.9%

Energy costs push US inflation above Fed target

Business / 13 Dec 17

Bitcoin is down 15% from its all time high reached earlier this week

Bitcoin could threaten financial stability - Fed

Business / 01 Dec 17

US gross domestic product expanded at a 3.3% annual rate in the third quarter

US third-quarter economic growth fastest in three years

Business / 29 Nov 17

While Jerome Powell stressed the final decision on the key lending rate will be made at the 12-13 December monetary policy meeting, 'conditions are supportive of doing that'

Fed should 'respond decisively' to any economic crisis

Business / 28 Nov 17

Bitcoin smashed through the $8,000 level for the first time this week after a 50% climb in eight days,

Bitcoin keeps central bankers on edge

Business / 27 Nov 17

The minutes from the last Fed meeting showed policymakers generally agreed the US economy was poised for strong growth

Fed policymakers say rate increase warranted soon

Business / 23 Nov 17

Fed chief Janet Yellen, ECB chief Mario Draghi and Bank of England's Mark Carney at the event in Frankfurt today

Central bankers vow to talk investors out of easy money

Business / 14 Nov 17

The US unemployment rate fell to near a 17-year low of 4.1% in October, new figures show

US job growth accelerates, jobless rate falls to 4.1%

Business / 03 Nov 17

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