GO
Loading...

Interest Rates

More

  • Inflation Pressures Growing At the Wholesale Level Tuesday, 20 May 2008 | 9:04 AM ET

    US inflation at the wholesale level rose slower than expected in April, but core inflation, which strips out volatile food and energy prices, rose twice as fast as expected.

  • What is Buffett Looking for in Europe? Tuesday, 20 May 2008 | 8:15 AM ET
    Warren Buffett

    The Oracle of Omaha is looking for European businesses with pre-tax profits of at least $75 million, but he says the bigger the better. The tour began in Frankfurt, continues in Lausanne, Switzerland Tuesday and rolls on to Madrid and Milan later in the week.

  • Australian Central Bank Considered May Rate Hike Tuesday, 20 May 2008 | 12:35 AM ET

    Australia's central bank actively considered raising interest rates earlier this month as inflation was uncomfortably high, minutes of its May policy meeting showed on Tuesday, sending the Australian dollar to 24-year highs.

  • Bank of Japan Keeps Rates Steady in Uncertain Times Monday, 19 May 2008 | 11:26 PM ET

    The Bank of Japan left interest rates unchanged at 0.5 percent on Tuesday, as expected, opting to take more time to determine when the fog will clear from the economy -- both in Japan and around the world.

  • Key Senators Say Deal Reached on Housing Bill Monday, 19 May 2008 | 6:39 PM ET

    The two top members of the U.S. Senate Banking Committee announced Monday that they have a deal that will create a multi-billion dollar mortgage rescue fund and a new regulator for Fannie Mae and Freddie Mac.

  • Will Fed Have to Raise Interest Rates Soon? Monday, 19 May 2008 | 2:54 PM ET

    A few Federal Reserve policy-makers have begun talking openly about the need to raise interest rates, but it appears more likely the U.S. central bank will stay on hold until early 2009.

  • Investors Jump Into Stocks Amid Hopes Worst Is Over Monday, 19 May 2008 | 2:21 PM ET
    People pass the statue of the bull near Wall Street in New York on Jan. 5, 2004, file photo. Artist Arturo Di Modica, who sculpted and owns the famous statue, is selling it to the highest bidder with a catch: it must stay where it is and be donated to the city of New York. (AP Photo/Gregory Bull)

    World stocks rallied Monday amid signs investors were becoming more confident that the worst of the economic slump might be over.

  • The whole deal is part of Fannie’s “Keys to Recovery” initiative, which is trying to promote “not just home-buying,” but home-owning. In other words, it’s going to help borrowers trying to refi out of troubled loans

  • Erin Burnett in Search of Global Market Movers Monday, 19 May 2008 | 11:33 AM ET

    Erin Burnett has been travelling the globe in search of the market movers of tomorrow.  So far she has been to Dubai in the United Arab Emirates and Mumbai, India.  Today, she is in London.  Like last week's comparison of the UAE and India, here are some stats comparing the UK and the US.

  • Economy Is Weak, But No Recession, Indicators Show Monday, 19 May 2008 | 10:06 AM ET

    The U.S. economy is weak but does not appear to be in a recession, according to a key forecasting gauge, the Conference Board reported.

  • Trichet: Significant Market Correction Ongoing Monday, 19 May 2008 | 4:51 AM ET

    European Central Bank President Jean Claude Trichet warned on Monday that the end of the credit crunch was not yet in sight and the world was experiencing an "ongoing and very significant market correction."

  • Gloom & Doom Economist: Credit Crunch Will Spread Monday, 19 May 2008 | 4:13 AM ET

    The credit crunch is far from over and is likely to hit sectors other than housing, Marc Faber, Editor and Publisher of “The Gloom, Boom & Doom Report”, told "Squawk Box Europe."

  • Paulson: Economy Is Better But Housing Still a Threat Friday, 16 May 2008 | 12:11 PM ET
    Henry Paulson

    The US economy and financial markets will improve by year-end but housing still poses the biggest threat to the economy, Treasury Secretary Paulson predicted.

  • Lady EUROpa and the Monetary Bull Friday, 16 May 2008 | 11:15 AM ET

    - Notes from an ECB groupie's travelog -

  • Credit Problems Spreading Beyond Mortgages: FDIC Friday, 16 May 2008 | 11:09 AM ET

    The head of the Federal Deposit Insurance Corp said on Friday that another wave of U.S. credit stress was coming, involving non-mortgage loans.

  • Construction work

    I frankly can’t understand why anyone would think a bump in starts and especially permits is good news in any way, when home builders can’t give their houses away and immense quarterly write-downs of their assets scream that from the rooftops!

  • Fed's Lockhart: Economy May Avoid Recession Friday, 16 May 2008 | 7:54 AM ET

    The U.S. economy may avoid recession but it is likely to remain weak at least until the end of the year, Atlanta Federal Reserve President Dennis Lockhart told "Squawk Box" on Friday.

  • US Economy Is Still Weak But Not As Bad As Feared Thursday, 15 May 2008 | 11:29 AM ET

    Investors struggled to figure out where the economy is headed after reports showing a modest increase in jobless claims and weakness in the manufacturing sector.

  • Homeowner "Walkaways": Are They Fact Or Fiction? Thursday, 15 May 2008 | 10:59 AM ET
    Foreclosure Sign

    There’s a growing debate in the real estate community concerning the phenomenon of homeowner “walkaways”: Borrowers who can afford their mortgages, but decide to stop making their monthly payments...

  • Bernanke Stresses Need For Capital Cushion at Banks Thursday, 15 May 2008 | 9:27 AM ET

    Financial market turmoil underscores the need for "generous" capital cushions, and banks need to actively raise money as needed, Federal Reserve Chairman Ben Bernanke said Thursday.