GO
Loading...

Interest Rates

More

  • Bush Says He Believes in Strong Dollar Policy Friday, 12 Oct 2007 | 1:56 AM ET

    President Bush said in an interview with the Wall Street Journal Thursday that he believes in a "strong dollar policy" and that a trade war with China is not in the US interest.

  • US Home Foreclosures Fall 8% in September Thursday, 11 Oct 2007 | 1:52 PM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    US home foreclosure filings decreased 8% in September from a 32-month peak in August, though they are still nearly double their year-ago levels, a report said on Thursday.

  • Euro Zone First-Quarter Growth Better than Expected Thursday, 11 Oct 2007 | 6:40 AM ET

    Euro zone growth turned out better than expected in the first quarter, making the second-quarter slowdown more pronounced, revised data showed on Thursday.

  • Japan Holds Rates Steady, Machinery Orders Fall Thursday, 11 Oct 2007 | 1:01 AM ET

    The Bank of Japan left its policy rate target unchanged at 0.50% on Thursday as expected, as it waits for more evidence that U.S. subprime woes will not threaten its scenario for modest growth in Japan.

  • South Korea Keeps Interest Rates Steady Thursday, 11 Oct 2007 | 12:10 AM ET

    South Korea's central bank held interest rates steady on Thursday, as expected, in the face of  risk from turbulent global financial markets and despite data bolstering the case for further monetary tightening.

  • Australia's Jobless Rate Drops to 33-Year Low Thursday, 11 Oct 2007 | 12:03 AM ET

    Australia's jobless rate fell to a fresh 33-year low of 4.2% in September, keeping alive speculation that interest rates would need to be raised again to cool the economy and restrain inflation.

  • Dollar Falls on Fed Rate Cut Expectations Wednesday, 10 Oct 2007 | 4:56 PM ET
    Dollar and Euro

    The dollar fell Wednesday on speculation that the Federal Reserve may cut interest rates again this year, to prevent a weak housing sector from damaging the broader economy.

  • The Treasury Secretary Takes on the Mortgage Meltdown Wednesday, 10 Oct 2007 | 2:47 PM ET
    Treasury Secretary, Henry Paulson

    I rushed into work this morning, after massive flight delays getting back from Michigan last night, because I was eager to hear what the Treasury Secretary and our nation's top mortgage lenders had accomplished in the struggle to save thousands of cash-strapped mortgage borrowers.

  • European Stocks Finish Mixed as Energy, Banks Fall Wednesday, 10 Oct 2007 | 12:55 PM ET

    The European stock indexes closed mixed Wednesday as declines in the price of oil dragged energy stocks into the red, matching losses in banking shares.

  • Carolina Herrera for Kohl's? Wednesday, 10 Oct 2007 | 11:58 AM ET
    Carolina Herrera Spring 08 Collection

    She's dressed former First Ladies Nancy Reagan and Jackie Kennedy and is a favorite of starlet Renee Zellweger, but designer Carolina Herrera says she would like to do a mass-market line, much like the one her friend Vera Wang recently created for Kohl's.

  • Fed Comments Suggest Rate Cut Far From Certain Wednesday, 10 Oct 2007 | 11:21 AM ET

    Federal Reserve officials Tuesday said the U.S. economic outlook is unclear, but credit market strains that led the central bank to cut interest rates sharply last month are easing, suggesting a follow-up rate cut is not a done deal.

  • Trading Shots On Trade Wednesday, 10 Oct 2007 | 9:44 AM ET

    Trade policy emerged as the hot-button issue among the nine Republican presidential hopefuls squaring off on Tuesday, but taxes, economic growth and the health of the American middle class also got their fair share of attention in the debate.

  • Refinancing Rush Pushes Mortgage Applications Up Wednesday, 10 Oct 2007 | 7:19 AM ET

    Demand for applications to purchase US homes and refinance existing mortgages rose last week, after total loan requests fell the prior two weeks, an industry trade group said on Wednesday.

  • Economists Cut Forecasts for US Growth in 2008 Wednesday, 10 Oct 2007 | 3:41 AM ET

    US economists have chopped their forecasts for 2008 economic growth for a third straight month, saying the housing slump will be deeper and last longer than earlier expected, a survey released on Wednesday showed.

  • Singapore Tightens Monetary Policy, Economy Grows 6.4% Wednesday, 10 Oct 2007 | 12:46 AM ET

    Singapore's central bank unexpectedly moved to keep inflation in check by tightening its monetary policy and allowing the Singapore dollar to rise, amid signs that it is worried over rising prices.  Separately, the economy grew a seasonally adjusted rate of 6.4% in the third quarter.

  • Fed Was United in Cutting Interest Rates Last Month Tuesday, 9 Oct 2007 | 3:03 PM ET

    All of the Fed's policy-setting committee agreed that a half-point cut in rates was needed to shield the economy from credit disruptions and the housing slowdown, minutes of the Sept. 18 meeting showed.

  • Dollar Rally Fades as Investors Take Profits Tuesday, 9 Oct 2007 | 2:12 PM ET
    Dollar and Euro

    The dollar fell against the euro on Tuesday, after earlier hitting a two-week high, as traders stepped in to buy back the common currency at cheaper levels.

  • Stocks Edge Up, Anticipating Fed Meet Tuesday, 9 Oct 2007 | 9:33 AM ET

    A sprinkling of deal news, sinking oil prices and a firmer dollar are in the background as stocks edge higher Tuesday. The big news for markets though will come in the Federal Reserve's meeting minutes, set for release at 2 p.m. ET. The minutes of the September 18 meeting and the August 16 call will be released. Traders are watching for hints of what made the Fed take the aggressive step to slash the Fed funds rate by a half point, greater than the 1/4 point widely expected.

  • Mr. Euro -- or the late Wim Duisenberg -- would sympathize with Jean-Claude Trichet’s dilemma. Trichet is facing a hostile cabal of politicians from among the 13 euro-zone governments who want him to cut interest rates to take momentum out of the strengthening single currency.

  • Fed & Earnings Lead on Tuesday Monday, 8 Oct 2007 | 7:49 PM ET

    The Fed and the start of earnings season are two big focuses for stocks Tuesday, after Monday's dullish session. The Fed releases minutes of its September 18 meeting and its August 16 call at 2p ET. This time last week, traders would have been digging into those minutes to find any confirmation of their view that rates will be cut again at the Fed's October 31 meeting.