India, Oct. 29 -- The Federal Reserve and the European Central Bank each raised interest rates by a quarter of a percentage point in September, while the Bank of England held Bank Rate at 3.75% with three of its nine Monetary Policy Committee members voting for an increase. Six more announcements from the three banks fall between late October and mid-December, and the gap between their paths runs through all of them.

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Where the three banks stand

On September 16, the Federal Open Market Committee voted 12 to 0 to raise ...