Related Blog Posts
Texas economy grew during 2008
8 hours ago ago from austin texas
Image : http://www.flickr.com The economic outlook for Texas in 2008, showing slower growth, but it's still better than most parts of the country do not see any growth. Texas, with the 2nd largest state economy in the United States and 15th largest economy in the world, will grow about 2.2% each record year after the Commission staff in Texas. Hot weather, undervalued real estate markets, lack of state income and good jobs ...
Related contentWhat Markets Heard and Didn't Hear From Bernanke About Interest Rates - Sphere News
7 hours ago ago from Top News and Analysis From Sphere - Sphere News
What Markets Missed About Interest Rates Updated: 1 day 17 hours ago Print Text Size E-mail More Joseph Schuman Writer (Sphere) (Dec. 7) -- In economics, timing is everything, which is the real message about interest rates from Federal Reserve Chairman Ben Bernanke's speech Monday, rather than the newly leavened economic forecast many in the markets seemed to hear. ...
Related contentIceland cuts key rate from 11 to 10%: central bank
10 hours ago ago from Paris News on Twitter
Iceland's central bank on Thursday cut its benchmark interest rate by one percentage point to 10 percent as the country's battered economy slowly recovers, it said. The bank, which was to detail the reasons behind its decision later Thursday, also lowered its deposit rate a half-point to 8.5 percent. See the article here: Iceland cuts key rate from 11 to 10%: central bank
Related contentFed and ECB to the rescue of the global economy
20 hours ago ago from Database Finance
Major world central bank , in an attempt to protect the economy and bring back a bit of confidence among traders after the terrorist attacks of last week, have cut the cost of money fairly decided. The rates on U.S. Fed Funds were cut by half a percentage point to 3%, a move anticipated by us rca clock to reopen the American Stock Exchange , after nearly a week of stop. A similar measure is being taken by the ECB, which has announced a cut of ...
Related contentDaily Morning Market Rates 8th
13 hours ago ago from Ashley Ingle ECFX Personal Currency Broker
GBP-EUR =1.1034 GBP-USD =1.63632 GBP-CHF =1.6673 GBP-AED =6.009 GBP-CAD =1.7206 EUR-USD =1.48203 ...
Related contentRelated News
Iceland cuts key interest rate 1 point to 10 pct
10 hours ago ago from PopEater
REYKJAVIK, Iceland -Iceland's central bank on Thursday cut its key lending rate a full point to 10 percent. The seven-day collateral lending rate had peaked at 18 percent in October last year as Iceland's banking system collapsed under the strain of a global credit crisis. Sedlabanki, the central bank, also cut its overnight lending rate by 1.5 percentage points to 11.5 percent. The deposit rate on current accounts was trimmed by a half a ...
Related contentBankrate: Mortgage Rates Inch Upward
7 hours ago ago from PopEater
NEW YORK, Dec. 10 /PRNewswire/ -- The average conforming 30-year fixed mortgage was up slightly this week to 5.04 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.43 discount and origination points. (Logo: http://www.newscom.com/cgi-bin/prnh/20040122/FLTHLOGO ) The average 15-year fixed mortgage was a notch higher at 4.47 percent while the larger jumbo 30-year fixed rate ...
Related contentBritish Bank Holds Steady on Rates and Buyback Plan
7 hours ago ago from The New York Times
LONDON The Bank of England kept its benchmark interest rate unchanged on Thursday and decided to stick to its program of buying government bonds because signs remained weak that the economy is on track for a recovery. The central bank kept the interest rate at 0.5 percent, a record low. The bank has already spent about 185 billion to buy debt in order to stimulate the credit market and can spend another 15 billion (for a total of $325 ...
Related contentSwitzerland keeps interest rate target at 0.25 pct
10 hours ago ago from PopEater
ZURICH -The Swiss National Bank kept its key interest rate target at 0.25 percent Thursday, saying economic conditions were not right for a move and that while recovery is under way, it remains fragile. The SNB will continue its supply of liquidity to the economy but purchase of Swiss franc bonds issued by private sector borrowers will stop, the bank said. The SNB said its three-month interest rate band remains at zero to 0.75 percent. ...
Related contentBank of England holds interest rates steady
4 hours ago ago from U.S. News
Bank of England holds interest rates steady LONDON (AP) -- The Bank of England held interest rates steady at 0.5 percent and also left its 200 billion pound ($325 billion) asset purchase program to expand the money supply unchanged. The decision Thursday was widely expected amid recent improvement in the British economy. The decision by the bank's Monetary Policy Committee to stay its hand on both measures gives it some breathing room to ...
Related content
