GO
Loading...

Interest Rates

More

  • 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.

  • US Economy Shows More Weakness in Manufacturing Thursday, 15 May 2008 | 8:47 AM ET

    The economy is continuing to slow, particularly in manufacturing,  though some areas are not quite as bad as expected, according to the latest reports out Thursday.

  • Europe Comeback: Germany Drives Euro-Zone Growth Thursday, 15 May 2008 | 5:48 AM ET

    Germany posted the strongest economic growth since 1996 in the first quarter of 2008, leading the euro zone's GDP to rebound more than expected in the first quarter.

  • Gutierrez: US, China Need to Fight Protectionism Thursday, 15 May 2008 | 4:41 AM ET

    The United States and China both need to fend off a troubling rise in economic nationalism in order to keep their economies strong, U.S. Commerce Secretary Carlos Gutierrez said on Thursday.

  • Tame Inflation? Tell That To People Buying Gasoline Wednesday, 14 May 2008 | 1:23 PM ET
    New York Gas Prices at $4 per gallon

    In the real world, gasoline prices surged 5.6% in April, but the government smooths out seasonal oddities so prices appeared lower in Wednesday's inflation report.

  • Fed's Tools Won't Fix Housing Crisis: Pimco's El-Erian Wednesday, 14 May 2008 | 11:49 AM ET

    Bond fund leader Pimco's Mohamed El-Erian on Wednesday said the Federal Reserve does not have the tools to deal with the U.S. housing crisis and rapidly rising consumer prices, leaving it to lawmakers to avert a severe recession.

  • Ex-Fed Chief Volcker Sees 70's-Style Stagflation Wednesday, 14 May 2008 | 11:03 AM ET
    Former U.S. Federal Reserve Chairman Paul Volcker

    Former Federal Reserve Chairman Paul Volcker Wednesday said the central bank's role in overseeing financial markets needs to be more clearly defined and the that of rating agencies, sovereign wealth funds and hedge funds in the financial crisis should be weighed.

  • Home Foreclosures: Crisis Is Only Getting Deeper Wednesday, 14 May 2008 | 10:58 AM ET
    Foreclosure Time Bomb

    It’s another record in the real estate market, and it’s not a good one. RealtyTrac, the online foreclosure sale site, which has also been tracking foreclosure activity since the beginning of 2005, reports the single largest one-month volume of foreclosure activity it’s ever seen.

  • Consumer Inflation Tamer Than Expected in April Wednesday, 14 May 2008 | 8:34 AM ET

    Consumer prices rose a smaller-than-expected 0.2 percent in April as energy prices held steady, a Labor Department report on Wednesday showed.

  • Bye, Bye UK Rate Cuts Wednesday, 14 May 2008 | 6:59 AM ET

    If we thought the Bank of England was walking a tightrope before, then the Bank's May inflation report says the rope is even tighter. Since the February report growth expectations have deteriorated and inflation expectations have strengthened.

  • UK Inflation to Stay High if Interest Rates Fall: BOE Wednesday, 14 May 2008 | 5:42 AM ET

    British inflation will shoot up over the next year and remain above the 2 percent target in 2 years if rates fall by half a percentage point as markets expect, the Bank of England's new forecasts showed on Wednesday.

  • Fed May Start Fighting Asset Bubbles: FT Wednesday, 14 May 2008 | 3:55 AM ET

    The Federal Reserve may start using regulation or even interest rates to fight asset-price bubbles, instead of trying to limit the damage once they burst, as it has done until now, the Financial Times reported on its Web site.

  • Bernanke Says Crisis Not Over; Prices Worry Others Tuesday, 13 May 2008 | 4:04 PM ET
    Ben Bernanke

    U.S. Federal Reserve Chairman Ben Bernanke said the credit crisis is not over, even as his colleagues revealed growing concerns about inflation that could signal a pause in interest rate cuts.

  • Fed's Yellen: Interest Rates at Appropriate Level Tuesday, 13 May 2008 | 1:17 PM ET

    San Francisco Federal Reserve Bank President Janet Yellen said Tuesday the current level of U.S. interest rates should boost the economy in the second half of 2008.

  • Home Prices: Glass Still Seems Half Empty Tuesday, 13 May 2008 | 11:08 AM ET

    The Realtors tend to see the glass half full, that is, that 1/3 of the nation’s top 149 metro markets are still showing price increases year-over-year. But for those of us living in the other 2/3, we probably see the glass half empty.

  • Economy Sluggish, Inflation Higher: Fed Survey Tuesday, 13 May 2008 | 10:34 AM ET

    The U.S. economy will barely expand in the second quarter and the chances of it shrinking have risen, following sluggish growth early in the year, said a Philadelphia Federal Reserve survey released Tuesday.

  • ECB's Noyer Warns of Explosive Global Inflation Mix Tuesday, 13 May 2008 | 9:46 AM ET

    ECB policymaker Christian Noyer said on Tuesday that an explosive mix of soaring commodity prices and "permissive" monetary policy in some countries with dollar pegs could trigger an inflationary spiral which would hurt poor nations most.

  • Retail Sales Show Strength Outside of Auto Sector Tuesday, 13 May 2008 | 9:27 AM ET

    Retail sales weakened modestly in April, but outside the hard-pressed auto sector they showed more resiliency than anticipated.

  • Fed's Pianalto Says Inflation 'A Key Risk' Tuesday, 13 May 2008 | 7:10 AM ET

    Cleveland Federal Reserve Bank President Sandra Pianalto said on Tuesday that although core U.S. price measures were climbing faster than she wanted, Fed monetary policy was compatible with low inflation.