Fed raises again Central bank boosts fed funds rate to 2.25 but after 5 hikes in this year what #39;s in store for  #39;05? NEW YORK (CNN/Money) - The Federal Reserve raised a critical short-term interest rate by a quarter of a percentage 
Bank of Canada Raises Overnight Rate  OTTAWA (Reuters) - The Bank of Canada raised its overnight  interest rate a quarter percentage point on Tuesday to 2.50  percent as expected, and made clear it would keep raising rates  even as it lowered its forecast for Canadian growth.