Interest Rates


  • The losses stem mostly from inventory impairments and land write-offs. In English, that means the value of their properties are falling and they’re having to walk away from land that they can’t use because nobody is going to buy the house they would put on it.

  • New Member Sworn Into Federal Reserve Tuesday, 5 Aug 2008 | 11:52 AM ET
    Elizabeth Duke

    Community banker Elizabeth Duke took the oath of office as a member of the Federal Reserve's Board of Governors and will vote at a meeting on interest rates later in the day, the Fed said.

  • What to Look For in Today's Fed Decision Tuesday, 5 Aug 2008 | 10:14 AM ET

    The experts gave CNBC their thoughts on the  Federal Reserve meeting, where members are expected to vote on holding rates at 2 percent.

  • Australia Central Bank Opens Door to Rate Cut Tuesday, 5 Aug 2008 | 3:30 AM ET

    Australia's central bank on Tuesday opened the door to the first cut in interest rates for seven years, saying slowing demand and tight financial conditions were set to bring inflation down over time.

  • For Fed, Keeping Rates Steady Is the Easy Part Monday, 4 Aug 2008 | 8:01 PM ET

    Wall Street widely expects the Fed to keep interest rates unchanged Tuesday as the central bank grapples with a faltering economy, shaky financial system and higher prices.

  • Bailouts and 'Bailouts' Monday, 4 Aug 2008 | 3:22 PM ET

    Remember those people last summer who wanted the Fed to raise interest rates? Lucky for us they never got their way.

  • graphic_fast_money.jpg

    With rising inflation and slowing growth, what's the Fed to do with this type of economic climate as they meet on Tuesday to decide the direction of interest rates.

  • Stagflation Stifles Global Central Banks Monday, 4 Aug 2008 | 6:10 AM ET

    The specter of stagflation will likely keep the U.S. Federal Reserve, the European Central Bank, and the Bank of England from changing short term interest rates this week, and their hands may be tied for some time as economic growth slows but inflation remains high.

  • Market Looks to Fed for Insight on Inflation Sunday, 3 Aug 2008 | 3:05 PM ET

    The main event this week is the Fed meeting on Tuesday and investors will tune in to see if Bernanke & Co. offer any insight on inflation. Plus, more earnings, including Cisco, P&G and AIG.

  • Cramer Was Right Friday, 1 Aug 2008 | 6:28 PM ET

    And Ben Bernanke was wrong. A year later we look back to see whose strategy was best for this country.

  • (Not So) Happy Anniversary! Friday, 1 Aug 2008 | 9:19 AM ET

    A year after the credit crunch started what, if anything has changed, and more importantly what have banks learned? (Hint, not a lot.)

  • Big Job Losses Could Rattle Markets Friday, 1 Aug 2008 | 4:27 AM ET

    With jitters about employment impacting stocks, economists predict a loss of 75,000 jobs for July, the seventh straight month of payroll declines.

  • Market Insider: Friday Look Ahead Thursday, 31 Jul 2008 | 9:09 PM ET

    The jobs data is the make or break number for markets Friday. The monthly data, reported at 8:30 a.m., is expected to show a decline of 75,000 non-farm payrolls and an unemployment rate of 5.5%.

  • Oil Prices May Be Unlikely Savior For US Economy Thursday, 31 Jul 2008 | 1:17 PM ET

    The US economy, desperately looking to stave off a recession, might find salvation in an unlikely place: volatile oil prices.

  • Stimulus Checks Helped Keep Economy Growing Thursday, 31 Jul 2008 | 9:35 AM ET
    Street crowd

    An emergency dose of government stimulus helped the U.S. economy grow at a 1.9 percent annual rate in the second quarter, a soft pace but enough to take it off a path perilously close to recession.

  • Euro Zone July Inflation Hits Record of 4.1% Thursday, 31 Jul 2008 | 5:11 AM ET

    Euro zone inflation jumped to another record high of 4.1 percent year-on-year in July as forecast, data showed on Thursday, but a bleak economic outlook may discourage interest rate increases this year.

  • Market Insider: Thursday Look Ahead Wednesday, 30 Jul 2008 | 9:07 PM ET

    Oil inventory data could be as much a factor for stocks as energy markets Wednesday, if the seesaw trade between the two markets continues.

  • Japan Manufacturers' PMI Rebounds From 6-Year Low Wednesday, 30 Jul 2008 | 7:56 PM ET
    Japanese Flag

    Manufacturing activity in Japan rebounded slightly in July from a six-year low the previous month, but a slowing economy and rising energy costs continued to hamper operating conditions, a survey showed on Thursday.

  • GDP Likely to Show Gain, Mostly Due to Stimulus Wednesday, 30 Jul 2008 | 5:47 PM ET
    Tax Refund Check

    The US economy probably grew modestly in the second quarter, but analysts believe Thursday's GDP report will mainly reflect the help from stimulus checks.

  • Fed Extends Emergency Borrowing for Wall Street Wednesday, 30 Jul 2008 | 8:55 AM ET

    The Federal Reserve said it is extending its emergency borrowing program to Wall Street firms and is taking other steps to ease a severe credit crunch that has hobbled the national economy.