CHICAGO, May 17- The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low inflation and overly high unemployment over the next two to three years.
MEXICO CITY, May 17- Mexico's annual economic growth slumped in early 2013 to its weakest in three years, prompting the government to cut growth estimates and backing expectations of another interest rate cut.
MEXICO CITY, May 17- Mexico's annual growth slumped sharply at the start of 2013 to its weakest in three years despite unexpected strength in the services sector, backing expectations of a further interest rate cut later in 2013..
*Spain, Italian yields extend fall after supply this week. *Spain to auction more bonds next week. LONDON, May 17- German Bunds hit one-week highs on Friday, with traders citing talk the European Central Bank was checking with some banks whether they were ready for a potential cut in its deposit rate to below zero.
LONDON, May 17- The dollar rose against a basket of currencies on Friday, trading near a 10- month high as debate over whether the Federal Reserve would wind down its asset buying programme later this year gathered pace.
WASHINGTON _ National Association of Realtors releases existing home sales for April, 10 a.m. Eastern; Federal Reserve releases minutes from April interest-rate meeting.
LONDON, May 16- German Bund futures jumped the most in six weeks on Thursday as weak data out of the United States cast doubt over the strength of the recovery in the world's largest economy. "The march higher in the Bund future was very much driven by the soft patch of U.S. data across the board," said David Schnautz, interest rate strategist at Commerzbank.
PROVIDENCE, R.I.-- Payday loan opponents including Treasurer Gina Raimondo urged Rhode Island lawmakers on Wednesday to limit interest rates on short-term loans _ a proposal that payday lenders say could put them out of business. A bill pending before the General Assembly would cap interest rates at 36 percent.
NEW YORK, May 16- Dow and S&P 500 index futures turned lower on Thursday after U.S. weekly jobless claims unexpectedly rose in the latest week and housing starts fell sharply. S&P 500 futures fell 1.9 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.
LONDON, May 16- The euro slipped against the dollar and German bond prices rose on Thursday on investor positioning for more monetary easing by the European Central Bank following a run of weak economic data. I think it will confirm in everyone's mind there is no inflation risk, "said Sarah Hewin, senior economist at Standard Chartered Bank.