Mortgage and Financial News From 2007-10-17 Page 21
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BoE leaves door open for rate cut
Daily Telegraph - An overwhelming majority of the Bank of England's policy makers resisted pressure to cut interest rates this month because they need more time to judge the affect of the credit crisis on the broader economy. Only David Blanchflower wanted to lower ...
2007-10-17 04:29:00 -
US RATE FUTURES-Pare losses on CPI, housing data
Reuters - CHICAGO, Oct 17 (Reuters) - U.S. short-term interest rate futures trimmed their small early losses on Wednesday after core inflation figures for September were broadly in line with expectations but housing starts continued to decline. Futures show a ...
2007-10-17 05:55:00 -
IMF says drop in UK growth rate in 2008 may push BoE to cut rates
Forbes - LONDON (Thomson Financial) - The UK economy will slow sharply next year, causing the Bank of England to consider interest rate cuts, the International Monetary Fund said in its semiannual report. The world body slashed its forecast for the UK's 2008 ...
2007-10-17 07:14:00 -
US RATE FUTURES-Fed cut chances up; focus on housing
Reuters - CHICAGO, Oct 17 (Reuters) - U.S. short-term interest rate futures inched up on Wednesday, boosting the implied prospects for a Federal Reserve rate cut at the end of this month as dealers focused on the persistent housing slump. September consumer ...
2007-10-17 06:02:00 -
FOCUS BoE inches closer towards rate reduction
Forbes - LONDON (Thomson Financial) - The Bank of England appears to be signalling that it is slowly moving towards delivering an interest rate reduction, with November now firmly in sight for a cut to 5.50 pct. The minutes of the last rate setting ...
2007-10-17 07:42:00 -
November interest rate cut back on the cards
Times Online - The Bank of England's Monetary Policy Committee discussed cutting interest rates immediately this month, and one member of the panel actually voted for a cut, minutes of its meeting showed this morning. David Blanchflower, the most doveish member of ...
2007-10-17 06:45:00 -
Bank of England Panel Voted 8-1 for Unchanged Rate (Update3) (Bloomberg.com)
Oct. 17 (Bloomberg) -- Bank of England policy makers considered a cut in the benchmark interest rate this month and then voted 8-1 for no change, with only David Blanchflower in favor of a reduction to counter a jump in corporate credit costs.
2007-10-17 03:01:42 -
PM's interest rate gaffe 'unforgivable' (Adelaide Now)
EVERYBODY makes mistakes, says Labor treasury spokesman Wayne Swan, but he says Prime Minister John Howard's interest rate gaffe is unforgivable.
2007-10-15 05:38:00 -
BNR could increase monetary policy interest rate (Nine O'Clock)
BNR could increase, by up to one percentage point, the monetary policy interest rate at the meeting of the Board of Administration from October 31, a consequence of the return of the inflation, declared yesterday Lucian Croitoru, adviser to BNR Governor, Mugur Isarescu, quoted by Mediafax.He added that the chances to announce an increase of the interest rate in October are high and the growth ...
2007-10-16 02:08:38 -
TUFS backlog, interest rate take the thread out of textiles, cotton growers (Indian Express via Yahoo! India News)
The delay in disbursement in state-level levies, huge backlog in Technology Upgradation Fund Scheme (TUFS) and high interest rate have not only stalled expansion and modernisation of the textile & garment industry, but has also affected cotton growers and textile machinery manufacturers. According to industry sources, prices of new cotton crop in Gujarat, Punjab, Madhya Pradesh and Andhra ...
2007-10-16 03:43:43 -
Interest rate pain looms (Herald Sun)
RAMPANT economic growth might force two mortgage interest rate rises within six months, economists said yesterday.
2007-10-17 07:00:00 -
Color to the Numbers: Top Turnaround Stocks
Motley Fool - In CAPS, investors can see how the collective community rates a company and can compare that rating with the opinions of the very best ... With more mortgage failures pending and credit tightening, consumers are less likely to take on home improvement ...
2007-10-16 01:20:00 -
First Defiance Announces 2007 Third Quarter Earnings
PR Newswire - ... and specifically include statements regarding: future movements of interest rates and particularly 10-year Treasury notes, the production levels of mortgage loan ... In order to compare the tax-exempt yields on these assets to taxable yields ...
2007-10-16 04:40:00 -
Stash away savings, because it will rain
Arlington Heights Daily Herald - At the top of the Web site, click on the link for "Compare Rates." Under "CDs & Savings," select the option for money market ... And in case you don't know, your emergency fund should include not just your rent or mortgage payment but any expenses for ...
2007-10-16 10:10:00 -
China\'s men in black fire first sal..
Australia Daily Chinese News - ... in matching black suits, black socks and dyed black hair yesterday to compare notes ... in foreign exchange reservesand effectively holds the world\'s interest rates in ... billion after being stung by the US subprime credit squeeze and losing two mortgage ...
2007-10-16 03:50:00