STOCKHOLM, July 30- Sweden's economy grew less than forecast in the second quarter, as exports were virtually flat, preliminary data showed, reinforcing expectations that interest rates will remain close to zero for at least another 12 months.» Read More
CNBC's Steve Liesman speaks to Bob Brusca, Fact and Opinion Economics, and John Lonski, Moody's Capital Markets Research, about how the Federal Reserve's monetary policy will end.
CNBC's Steve Liesman reports the findings from a CNBC survey on U.S. economic growth forecasts, and the biggest threats to the economy.
WASHINGTON— This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low. This much is not: When will the Fed start tightening its interest-rate policy to thwart any runaway inflation?
*Baudot-Trajtenberg doesn't see economic shock from Gaza conflict. JERUSALEM, July 29- Israel is unlikely to cut interest rates again as the shekel is not strengthening as much as last year and the war in Gaza should not have a major impact on the economy, the central bank's deputy governor said.
Deceptive practices by Rome Finance Co., more recently doing business as Colfax Capital Corp. and Culver Capital LLC, based in California and Georgia, included failing to accurately disclose charges and interest rates, New York's Attorney General Eric Schneiderman said Tuesday.
CNBC's Steve Liesman reveals the latest findings from a CNBC survey on the prediction for stocks and bonds, and when the Fed will hike rates.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar, on the first day of the 2-day Federal Reserve meeting.
CNBC's Fed Survey shows market pros aren't very confident the Fed can end its easy money polices without a market crash, a recession or bad inflation.
Despite the conflict in Ukraine and the sanctions imposed on Russia, Jim Grant is bullish on Russian stocks.
WASHINGTON— Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged, while rates on three-month bills rose to their highest level in four weeks. The Treasury Department auctioned $27 billion in three-month bills at a discount rate of 0.030 percent, up from 0.025 percent last week.
*Fined 105 mln stg by UK Financial Conduct Authority. *Bank of England says Lloyds behavior' clearly unlawful'.
LONDON, July 28- The Bank of England won backing from the International Monetary Fund on Monday for keeping interest rates low, even as the IMF welcomed signs that Britain's surprisingly strong economic recovery is broadening.
LONDON— Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
CFTC CHARGES LLOYDS BANKING GROUP, LLOYDS BANK WITH MANIPULATION, ATTEMPTED MANIPULATION, AND FALSE REPORTING OF LIBOR.
CNBC's Tyler Mathisen looks back at the week's top business and financial stories. It was a big week for Facebook. Not so big for Amazon.
Neil Shearing, chief emerging markets economist at Capital Economics, says that Friday's rate hike by the Russian central bank is a "pre-emptive move" to forestall capital outflows ahead of sanctions.
*Russia anticipates more sanctions over Ukraine- analysts. MOSCOW, July 25- The Russian central bank unexpectedly raised interest rates on Friday, apparently preparing for possible further Western sanctions over Ukraine that could speed up capital flight from Moscow's already battered markets.
The search for high yields and duration gained traction following the Brazilian government's $3.5 billion bond offering on Wednesday, with investors growing confident that interest rates in the United States will stand pat for a few more months, said Max Volkov, Bank of America Merrill Lynch's head of Latin America debt capital markets.
MOSCOW— Russia's central bank has unexpectedly raised its key interest rate in a bid to stem inflation and support the currency as the country faces increasing economic pressure over its policies in Ukraine. The bank said Friday it has lifted its one-week auction rate by 0.5 percentage points to 8 percent.