Fed expected to raise rates on 10 November

The Federal Reserve was widely expected to raise US interest rates on Wednesday 10 November at the conclusion of its FOMC meeting after the unexpected boom in US job creation in October.

US Federal Reserve chairman Alan Greenspan and his colleagues met Wednesday to discuss the outlook for interest rates. A statement explaining the decision is due about 2.15 pm (1915 GMT) Wednesday.

The US economy expanded at a slower-than-expected 3.7 per cent annual pace in the third quarter of 2004, latest data

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.