But the Federal Reserve will probably sit tight for some time rather than raise interest rates further.

The combination lifted the market to its best day since the Federal Reserve raised interest rates a week ago.

The Federal Reserve has raised interest rates 17 times in two years and is expected to increase them at least once more.

Also today, the Federal Reserve raised interest rates again, confident the economy is growing too fast for its taste.

Yet only a few days earlier, the Federal Reserve had raised interest rates for the third time this year.

That is what happened in 1994, the last time the Federal Reserve raised interest rates.

That may prompt the Federal Reserve to raise interest rates again.

Then the economy was strong and the Federal Reserve had recently raised short-term interest rates.

The Federal Reserve has already raised rates six times this year.

The Federal Reserve, which has already raised rates once, could raise them again later this summer.