21. Schoch says the Fed may go as far as to raise rates three times over the next several months to ensure that inflation remains under control. 22. Schoch said the Fed may go as far as to raise rates three times over the next several months to ensure that inflation remains under control. 23. Since January, the Federal Reserve has cut the target federal funds rate five times in an attempt to stimulate the economy. 24. Since then, it cut the rate three times, most recently by a quarter point in January. 25. Since June, the Bank of Canada has raised its overnight rate three times in an effort to bolster the weak dollar and keep inflation at bay. 26. That would be a reversal for the central bank, which has cut rates three times since July to prevent the economy from growing too slowly. 27. The Bank of Canada has raised its benchmark rate three times this year, most recently two weeks ago in defense of the Canadian dollar. 28. The Bank of Portugal has cut rates five times this year, boosting stocks by lowering corporate borrowing costs. 29. The Bank of Spain had already lowered the benchmark rate four times this year. 30. The Bank of Spain has cut rates five times this year as inflation has fallen. |