Mortgage and Financial News From 2007-9-19 Page 8

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  • Dollar Rises in Asia

    Houston Chronicle - The foreign exchange market appears to recover its composure after the Fed cut interest rates by half a point last night," said Masanobu Ishikawa, general manager of foreign exchange at Tokyo Forex and Ueda Harlow. But many investors remain on guard ...
    2007-09-19 03:44:00
  • How We Got into the Subprime Lending Mess

    Wharton - The economy is so threatened that the Federal Reserve set aside its worries about inflation and on September 18 cut short-term interest rates by half a percentage point for the first time in four years, hoping a shot of stimulus would head off a ...
    2007-09-19 03:18:00
  • Soaring dollar on track to hit all-time high

    Ottawa Citizen - ... Gartman newsletter, which is sold to hundreds of major financial institutions. He made the comments as the Canadian dollar surged more than a cent to nearly 99 cents U.S. yesterday on a deeper-than-expected half-point cut in U.S. interest rates and a ...
    2007-09-19 05:20:00
  • Honeymoon is over as Sarkozy aims at pensions

    The Australian - ... agencies say. Mr Sarkozy has also fallen foul of Brussels and his European colleagues by refusing to obey the single currency rules on cutting deficits and by picking a fight with the European Central Bank for failing to reduce interest rates. The ...
    2007-09-19 05:20:00
  • Articles 1 to 10 of 333

    Wharton - ... problems in the subprime sector, stocks have fallen, yields on Treasury securities have dropped and some companies are finding it hard to borrow money -- all of which spurred the Federal Reserve last week to announce a cut in interest rates ...
    2007-09-19 06:03:00
  • Real Estate Developer and 'Grave Dancer' Sam Zell: 'It's All about ...

    Wharton - Banks, insurance companies and institutional investors have funneled money into the market because its returns, in an environment of low interest rates, exceeded those of other asset classes. As interest rates begin to climb, how will that situation ...
    2007-09-19 06:03:00
  • Global overview: Stocks soar as tensions ease

    Financial Times - The Fed is rather fortunate that the timely moderation in inflation will allow it to continue cutting interest rates,” said Paul Ashworth at Capital Economics. The steepening of government bond yield curves reflected growing expectations of further ...
    2007-09-19 01:23:00
  • UAE and Kuwait follow Fed, cut interest rates

    Peninsula - The UAE cut its one-week, one-month and three-month certificate of deposit (CD) interest rates by 15 basis points, the central bank said. It does not have a benchmark rate. The UAE cut the one-week CD to 4.60 per cent and the one-month CD rate to 4 ...
    2007-09-19 06:17:00
  • Rupee ends at 9-yr high

    Times of India - MUMBAI: The rupee hit a nine-year high on Wednesday as a sharp cut in interest rates by the US Federal Reserve increased appetite for emerging market assets and a surging stock market attracted capital inflows. Dealers said the rupee's gains were ...
    2007-09-19 02:28:00
  • Real solutions for your real estate needs.

    USA Today - NEW YORK (AP) — Wall Street built on its gains Wednesday as investors bet that the cheaper money the Federal Reserve unleashed with its decision to cut interest rates will give a boost to corporate profits and the overall economy.
    2007-09-19 05:12:00
  • Announcement: Sept. 18, 2007 (Bankrate.com)

    14 months. Today, the FOMC cut rates for the first time in more than four years. Knowledge about interest rates, like most kinds of information, is most useful when it's seen in perspective.
    2007-09-19 05:13:07
  • Is it time to make a money move? (Deseret Morning News)

    Now that Ben Bernanke and the Federal Reserve have moved to cut interest rates for the first time in four years, it's time to consider what moves to make with your money.
    2007-09-18 11:28:08
  • Kuwait, UAE track Fed cuts, raise inflation prospect (Khaleej Times)

    DUBAI/KUWAIT - Kuwait and the United Arab Emirates cut interest rates on Wednesday, following a 50 basis point reduction in the United States, raising the prospect that Gulf Arab economic growth and inflation may accelerate.
    2007-09-19 07:42:34
  • UAE's rate cut likely to push inflation up (Gulf News)

    Dubai: The UAE Central Bank yesterday announced a 15 basis point cut in interest rates on Certificates of Deposit, putting further pressure on the inflationary situation in the country.
    2007-09-19 02:16:04
  • Cut will aid homeowners (Los Angeles Times)

    The Fed's action will result in lower rates on certain loans. Savers, however, will see a drop in their earnings. The Federal Reserve's interest-rate cut will help many people save money on home-equity credit lines and adjustable-rate mortgages -- but whether it will revive the troubled housing market is far from clear.
    2007-09-19 12:15:15