WASHINGTON, May 21- The pension gap at U.S. not-for-profit hospitals is growing, according to a Moody's Investors Service report released on Tuesday that found the low interest rate environment is contributing to the shortfall.
WASHINGTON _ National Association of Realtors releases existing home sales for April, 10 a.m. Eastern. WASHINGTON _ Federal Reserve releases minutes from April interest-rate meeting. WASHINGTON _ Federal Reserve Chairman Ben Bernanke testifies about the economy before the Joint Economic Committee.
The New York Democrat announced Sunday the Federal Student Loan Refinancing Act, a bill that would lower interest rates for many student borrowers currently repaying their federal student loans. Gillibrand said she will introduce the bill in the Senate this week. There are 2.7 million borrowers in New York and 37 million nationwide.
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.