Interest Rates
HARP: A new way forward on housing in the United States?
October 31, 2011Karen Dynan/ The Brookings Institution/ Washington, DC -- Federal regulators announced a new plan [on Oct. 24, 2011] to help households whose homes are worth less their mortgage refinance into new mortgages with lower monthly payment. The changes should...
EU reaches deal over Greek debt, bailout package
March 26, 2010By Lisa Bryant The euro traded higher on Friday after European Union leaders reached a groundbreaking agreement for a last-ditch bailout package for deficit-strapped Greece and other troubled EU economies. European Union leaders saluted Friday the bailout...
BBC: US interest rates 'to stay low'
March 17, 2010The US Federal Reserve has repeated its pledge to keep interest rates at record lows in order to nurture the economic recovery. The Fed said its main interest rate would be kept at the current 0% to 0.25% range, as widely expected. Its rate-setting...
Expectations high on China interest rate, Yuan increases
March 17, 2010By Heda Bayron Economists and financial analysts around the world say pressure is mounting on China to raise interest rates and appreciate the yuan - after data show higher inflation. At the National People's Congress meeting that ended last week, Chinese...
More signs of pickup in US economic activity
December 17, 2009New U.S. data suggest a continued pickup in economic activity with moderate inflation that will make it easier for America's central bank to leave interest rates at historic lows. As a rule, economists do not welcome upticks in prices that signal inflationary...
U.S. Congressman Ron Paul: The Fed Must Be Stopped
July 09, 2009By Ron Paul Our country currently finds itself in the midst of the worst economic crisis since the 1930s and, as during all economic crises, people search for the answer as to why this has happened. Not only have large financial firms been affected...
US stocks slide after labour market report
January 07, 2007New York (dpa) - US stocks slid Friday, weighed down by government data on job and wage growth that cooled Wall Street hopes for lower US interest rates. Shares in Motorola plunged nearly 8 per cent to 18.94 dollars after the US mobile-phone maker...