Interest Rates


  • BUCHAREST, Sept 30- Romania's central bank cut its benchmark interest rate to a new record low of 3 percent on Tuesday, as benign inflation gave it room to help an economy that has dipped into recession.

  • OTTAWA, Sept 30- Economic growth in Canada stalled unexpectedly in July, breaking a six-month streak of gains and ensuring the Bank of Canada will be in no rush to raise interest rates. Statistics Canada said on Tuesday that real gross domestic product in July was unchanged from June.

  • CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • September Chicago PMI 60.5     Tuesday, 30 Sep 2014 | 9:37 AM ET

    CNBC's Rick Santelli reports a drop in Chicago PMI of fairly large magnitude.

  • OTTAWA, Sept 30- Canada's economy did not expand in July, breaking a six-month streak of consecutive gains, Statistics Canada data indicated on Tuesday, ensuring the third quarter started sluggishly. Statscan said real gross domestic product was unchanged from June. The data will put little pressure on the Bank of Canada to raise interest rates.

  • BEIJING, Sept 30- China cut mortgage rates and downpayment levels for some home buyers on Tuesday for the first time since the 2008 global financial crisis, making one of its biggest moves this year to boost an economy increasingly threatened by a sagging housing market.

  • BEIJING, Sept 30- China relaxed mortgage rules for second-home buyers on Tuesday by cutting their interest rates and downpayment levels, taking a major step toward rejuvenating flagging growth in the world's second biggest economy.

  • MUMBAI, Sept 30- The Reserve Bank of India sent a strong signal on Tuesday that it will refrain from cutting interest rates until it is confident that consumer inflation can be reduced to a target of 6 percent by January 2016.

  • John Cridland, director general of the CBI, says British businesses want to be within a "reformed Europe".

  • When will the RBI raise interest rates?     Monday, 29 Sep 2014 | 11:45 PM ET

    Jahangir Aziz, Head of EM Asia Economic Research at JP Morgan, says the Reserve Bank of India is unlikely to raise interest rates on Tuesday, but could make a move in the first quarter of 2015.

  • Rahul Chadha, Co-Chief Investment Officer at Mirae Asset Global Investments, expects the Reserve Bank of India to hold interest rates unchanged as it keeps an eye on currency stability.

  • Why a strong dollar is scarier than taper tantrum Monday, 29 Sep 2014 | 7:28 PM ET

    Expectations of Fed tightening may spur fears of a rerun of emerging market turmoil, but Societe Generale tips a strong dollar as a bigger risk.

  • Rates mixed at weekly US Treasury bill auction Monday, 29 Sep 2014 | 4:39 PM ET

    The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, up from 0.010 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.040 percent, the same as last week. For a $10,000 bill, the three-month price was $9,999.62, while a six-month bill sold for $9,997.98.

  • Traders see rates at just 0.55% by 2016: Fed study Monday, 29 Sep 2014 | 2:06 PM ET

    The Fed will likely start raising interest rates in mid-2015, but so slowly that rates will end the year at just 0.55 percent, a new study suggests.

  • SAN FRANCISCO, Sept 29- The Federal Reserve will likely start raising interest rates in mid-2015, but so slowly that rates will end the year at just 0.55 percent, according to a San Francisco Fed study of betting in futures markets released on Monday.

  • NEW YORK, Sept 29- Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while Treasury prices rose as further signs of the relative strength of the U.S. economy raised the prospect of higher interest rates.

  • Santelli: Yield curve reverses     Monday, 29 Sep 2014 | 9:42 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • 'Quite some time' before rates should rise: Evans Monday, 29 Sep 2014 | 8:47 AM ET
    Charles Evans, president of the Federal Reserve Bank of Chicago.

    The Chicago Fed president says it should be "quite some time" before it's appropriate to start increasing interest rates from their near-zero levels.

  • AP Top Extended Financial Headlines At 8:27 a.m. EDT Monday, 29 Sep 2014 | 8:27 AM ET

    Canada's Encana buying Athlon Energy for $5.93 B, gets strong position in Permian Basin Survey: Average bank fees for overdrafts, use of out-of-network ATMs surge from a year ago At start of busy week on the economic news front, markets edge down amid protests in Hong Kong Lenovo looks to boost growth after acquisition of IBM low-end server business Amag Pharmaceuticals to spend $675 million in cash-stock acquisition of Lumara Health DreamWorks surges in premarket trading on reports of talks with SoftBank Dave& Buster's plans initial public offering of about 5.9 million shares US consumer spending expected to rebound in August, helped by stronger auto sales Pilots' union at Lufthansa calls for more strikes this week in ongoing labor dispute Lloyds dismisses 8 staff members in scandal linked to Libor interest rate; bonuses forfeited

  • US must get fundamentals right first: Evans     Monday, 29 Sep 2014 | 8:09 AM ET

    Chicago Fed President Charles Evans, discusses whether current monetary policy is justified.