Search results for interest rates
CENTRAL banks will have to cut interest rates aggressively to contain the market crisis, leading economists say. They predict that Friday’s surprise
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LONDON (AP) -- The U.S. dollar hit a record low against the euro and was lower most against other major currencies in European trading Wednesday. Gol
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NEW YORK (CNNMoney.com) -- The Federal Reserve cut the target on a key short-term interest rate by half of a percentage point Tuesday to 4.75% in a b
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Today is a very important day for the financial traders from all over the world - Fed is to decide its interest rate policy until the next meeting (i
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Central banks flooded the world with cheap money for years, helping the rich get richer. Now inflation is on the horizon, threatening to make the poo
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Soaring food costs drove up China's inflation in October, reinforcing expectations that the central bank will raise interest rates again before long
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Standard & Poor's expects the U.S. Federal Reserve to cut interest rates to 3.5 percent in 2008 to deal with the fallout from the housing market, S&
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The dollar took another beating on Friday, dropping to record lows against the euro, the Swiss franc and a basket of currencies on a growing view tha
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NEW YORK - The dollar hit a new low against the euro in thin trading Friday as speculation continued that the American credit crisis will lead to ano
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Stocks soared on Wall Street today after a top Federal Reserve official appeared to open the door for additional interest rate cuts, pledging to foll
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The Federal Reserve will cut interest rates by a full percentage point before June to help the housing market, Citigroup's chief economist, Lewis Al
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Treasury Secretary Henry Paulson said he is confident there will soon be an agreement to help thousands of homeowners avoid mortgage defaults by temp
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The Bush administration has hammered out an agreement with industry to freeze interest rates for certain subprime mortgages for five years in an effo
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U.S. employers added 94,000 jobs in November, but a slowdown in job creation in recent months raises chances for a modest cut in interest rates next
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There’s a phrase that traders use from time to time that applies well to this market – “rip your face off.” We use it to refer to the volatility the
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Washington, D.C. (AHN) - Rates on 30-year mortgages fell below the six percent mark after the the U.S. economy, badly-hit by the subprime mortgage cr
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Bernanke did it again. His loose lips let slip the fact that he might lower interest rates yet again.
Yet the shortsighted market still sees this as
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Fed Chairman Ben Bernanke said Thursday the central bank was prepared to cut interest rates as needed. What will the Fed do when it meets on Jan. 29-
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Metro Atlanta foreclosure notices shot to a record high this month, a dismal sign of deepening woes in the housing and mortgage market.
The number