GO
Loading...

Interest Rates

More

  • Australia's Central Bank Is Still Wary on Inflation Tuesday, 18 Mar 2008 | 12:14 AM ET
    RBA.jpg

    Australia's central bank was still concerned that interest rates might not be high enough to restrain inflation when it hiked rates to a 12-year high earlier this month, minutes of the policy meeting showed on Tuesday.

  • Dow Closes Higher as Investors Cheer Fed Monday, 17 Mar 2008 | 5:01 PM ET

    Enthusiasm for the Federal Reserve's actions to stem the credit crunch propelled the Dow Jones Industrial Average to a higher close Monday, a day when everyone expected a rout due to weekend fire sale of Bear Stearns.

  • JP Morgan's Bargain, Fed Actions Help Stocks Monday, 17 Mar 2008 | 3:35 PM ET

    The Dow Jones Industrial Average pared its losses Monday as the sell-off spurred by the fire sale of Bear Stearns wasn't as bad as expected.

  • Lehman Brothers -- The Next Banking Casualty? Monday, 17 Mar 2008 | 2:50 PM ET

    Lehman shares tumbled more than 20 percent Monday as Wall Street speculated whether or not it's the ailing banking system's next casualty.

  • American Northern Rock Spells Confidence Crisis Monday, 17 Mar 2008 | 11:53 AM ET
    NRockQueue.jpg

    They both relied on the credit markets working properly, and they were both let down. Northern Rock may have been the first, but Bear Stearns sparked fears that the worst is yet to come.

  • Advice on the Heels of the Bear Stearns Buyout Monday, 17 Mar 2008 | 11:47 AM ET
    picks_pans_badge.jpg

    Stocks were lower in early trading Monday as Wall Street digested the fire-sale buyout of an investment banking giant: Bear Stearns. CNBC brought the market pros for their perspective on the fallout.

  • Dow Pares Losses; Lehman Plunges Monday, 17 Mar 2008 | 11:40 AM ET

    Stocks plunged at the opening bell Monday as investors were spooked by the cash crisis at Bear Stearns that forced its sale for $2 a share to JP Morgan Chase.

  • Former SEC Boss Pitt Says Bear Rescue May Calm Markets Monday, 17 Mar 2008 | 11:01 AM ET

    The combination rescue-fire sale package of Bear Stearns happened so quickly and involves so much unknowns about its balance sheet, analysts struggled to put its role in the credit crunch into perspective.

  • bear_stearns_bailout.jpg

    You have to ask the question: can the up-‘til-now untouchable Manhattan real estate market survive under the weight of Wall Street’s banking implosion? With all those Bear Stearns folks suddenly seeing their stock-based bonuses disintegrate into nothing and credit and capital fleeing the building at an alarming rate, are those priciest of pricey pads going to be able to hold their value?

  • Fed Announces Emergency Steps to Ease Credit Crisis Monday, 17 Mar 2008 | 10:20 AM ET
    The Federal Reserve headquarters in Washington, DC.

    The U.S. Federal Reserve announced emergency measures to stem a fast-spreading global financial crisis, tapping tools last used in the Great Depression to pour funds into cash-starved Wall Street firms.

  • How Low Will Ben Go? Friday, 14 Mar 2008 | 10:51 PM ET

    With the FOMC meeting scheduled for Tuesday can you get ahead of the Fed?

  • European Stocks at the Mercy of US Outlook Friday, 14 Mar 2008 | 4:08 PM ET
    stocks_02.jpg

    European stocks are set to be dominated by events in the U.S. next week, as the Federal Reserve is likely to cut rate cuts further and the big three U.S. brokerages deliver earnings to volatile markets.

  • Fed Tries To Stem Crisis, But It May Not Be Enough Friday, 14 Mar 2008 | 3:25 PM ET
    Federal Reserve Board Chairman Ben Bernanke delivers the board's Monetary Policy Report to the Senate Banking Committee in Washington Wednesday, July 19, 2006. "The recent rise in inflation is of concern," and possible increases in the prices of oil as well as other raw materials "remain a risk to the inflation outlook," Bernanke said. (AP Photo/Dennis Cook)

    Fed Chairman Ben Bernanke  is throwing all he’s got at the economy, but it may not be enough to combat both a recession and credit crunch.

  • Dollar Intervention Not Likely Friday, 14 Mar 2008 | 12:54 PM ET

    New talk from the Bush Administration about wanting a strong dollar, has fueled speculation that Washington will intervene in the markets to support the U.S. currency, but analysts say such a move is both unlikely and impractical at this time.

  • Consumer Prices Moderate on Lower Energy Costs Friday, 14 Mar 2008 | 9:54 AM ET
    money_in_hand_1.jpg

    Cheaper energy and transportation prices helped keep overall consumer prices in check, the Labor Department said, a surprise after a run-up that heightened concerns about inflation.

  • woe_is_housing_200.jpg

    I’m at the point now where I honestly can’t keep track of all the foreclosure fix proposals out there right now. Today we got a few more. One is from the National Community Reinvestment Coalition, which, in what it calls a “market-driven plan,” wants the government to buy loan pools at a discount and then sell those same loans back to Wall Street...

  • Australia's Hiring Surge Takes Jobless to 33-Year Low Wednesday, 12 Mar 2008 | 10:18 PM ET
    oz_BlkA.jpg

    Australian employment growth blew past all expectations in February while the jobless rate hit fresh 33-year lows, reviving speculation that the drum-tight labor market might yet spark another rise in interest rates.

  • Fed Moves to Ease Credit May Not Be Enough Wednesday, 12 Mar 2008 | 3:27 PM ET
    The Federal Reserve headquarters in Washington, DC.

    This week's central bank efforts to unfreeze credit markets will offer only temporary relief and more pain can be expected before a market recovery, analysts said.

  • Dow Jumps 1%; Caterpillar, Bear Climb Wednesday, 12 Mar 2008 | 11:36 AM ET

    U.S. stock index futures pointed to a broadly flat open for Wall Street Wednesday, following the previous session's huge rally, as investor enthusiasm at the prospect of more liquidity and looser collateral rules by the Federal Reserve started to dwindle.

  • ECB Still Flying the Anti-Inflation Flag Proudly Wednesday, 12 Mar 2008 | 10:04 AM ET

    It is the ECB's mandate, credo and conviction that only an inflation-free (inflation-free in ECB speak is a rise in consumer prices of no more than 2 percent) economy is a healthy economy and that price stability is the best guarantor for economic growth and prowess.