The Federal Reserve's Open Market Committee (FOMC), as widely predicted, voted unanimously to leave its federal funds target at 0.5 per cent to 0.75 per cent
The American central bank's Federal Open Market Committee (FOMC) voted 10-0 to increase rates and signalled three further hikes in 2017
Stationery business to disappear from high streets; Janet Yellen says interest rates will rise ‘relatively soon’; millions in bonuses could be clawed back from top executives
He has been under attack from Tory backbenchers and former ministers for being anti-Brexit, and the policy of ultra-low rates more generally has been criticised by other politicians, including the Prime Minister
Chicago Federal Reserve President Charles Evans said he does not 'love' the idea of an interest rate increase but thinks it might be 'appropriate,' according to CNBC
Gold holdings expand by 500 tonnes and price hits highest level in two years as investors seek safe-havens amid a tumultuous global political situation
Traders say an interest rate hike by the American central bank is now 'off the table'
Policymakers forecast a 0.5 per cent rate rise driven by two separate increases this year
For the first time in nearly a decade, the Federal Reserve has raised interest rates by 0.25 per cent.
Slashing the interest rate to historic lows was one of the ways that the Federal Open Markets Committee tried to get the US economy growing again after the crisis hit.
Some analysts are the FOMC announcement the most important thing to happen to global markets since Lehman brothers went bust in 2008
Four things you need to know
Policymakers will meet again on 16 December when markets will be braced for the prospect of the first rate rise since 2006
The Federal Reserve and Bank of England can’t see that things are good enough to raise interest rates
The Department of Labor reported that 142,000 non-farm jobs were created in the month, well down on the 201,000 that analysts had expected
US interest rates have been at historic lows since the financial crisis in 2007