Mortgage and Financial News From 2007-8-25 Page 13
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Mexico holds key rate steady, eyes credit crisis
San Diego Union-Tribune - MEXICO CITY – Mexico's central bank held its key overnight interest rate steady at 7.25 percent Friday, as analysts expected, but cautioned it would act if niggling food prices become a threat to its inflation goal. But in a hint that it may have ...
2007-08-24 06:10:00 -
MPC unanimous in vote to hold interest rates
Worldnews.com - Fed leaves key interest rate unchanged; concerns about inflation play into decision The Boston Globe WASHINGTON (AP) -- The Federal Reserve left a key interest rate unchanged on Tuesday as worries about inflation trumped concerns about turbulent ...
2007-08-24 10:34:00 -
China's central bank, warning of surging asset prices, hints at more ...
International Herald Tribune - BEIJING: China's central bank Friday hinted at further rate hikes to reverse negative real interest rates and warned of risks from surging asset prices. Earlier this week, the People's Bank of China raised its benchmark deposit and lending rates for ...
2007-08-24 11:00:00 -
Mexico stocks flat before cenbank rate statement
Reuters - MEXICO CITY, Aug 24 (Reuters) - Mexican stocks were flat in early trade on Friday and the peso weakened a tad as investors awaited the central bank's monetary policy decision on interest rates and much-awaited data on the U.S. economy. The benchmark ...
2007-08-24 04:37:00 -
Rate rises fail to halt UK buy-to-let rush
Financial Times - Investors are continuing to plough money into the buy-to-let market, despite fears that rising interest rates have made the sector unsustainable. Five increases in the cost of borrowing since last summer mean that the rent on a typical property no ...
2007-08-24 08:47:00 -
Mexico holds key interest rate steady
San Diego Union-Tribune - MEXICO CITY – Mexico's central bank held its key overnight interest rate steady at 7.25 percent Friday, as analysts expected, but warned that its policy slant remained restrictive because of niggling inflation. It said 12-month inflation, which has ...
2007-08-24 12:12:00 -
Fed leaves interest rates unchanged as inflation concerns still ...
Worldnews.com - WASHINGTON (AP) - The Federal Reserve left its key interest rate unchanged Tuesday as worries about inflation trumped concerns about turbulent financial markets . Fed chairman Ben Bernanke and his colleagues voted unanimously to keep their target for ...
2007-08-24 10:34:00 -
RBA raises interest rate
Australian Broadcasting Corp. - ELEANOR HALL: But first to the news that indebted households and businesses have been bracing for. This morning the Reserve Bank of Australia announced that it has lifted the official cash rate to 6.5 per cent. That's the highest official interest ...
2007-08-24 10:34:00 -
UPDATE 3-Mexico holds key rate steady, eyes credit crisis
Reuters - MEXICO CITY, Aug 24 (Reuters) - Mexico's central bank held its key overnight interest rate steady at 7.25 percent on Friday, as analysts expected, but cautioned it would act if niggling food prices become a threat to its inflation goal. But in a hint ...
2007-08-24 09:23:00 -
House prices hit by rate rises
Financial Times - But most analysts agree that the five interest rate rises since last summer are starting to bite in some of the more remote and peripheral parts of the economy. Even before the stock market turmoil of the past 10 days almost half the country's housing ...
2007-08-25 01:55:00 -
Economy growth renews speculation of interest rate rise
The Independent - Britain's economy continued to grow healthily in the second quarter of this year, the Office for National Statistics has confirmed, renewing concerns that the Bank of England may yet be forced to raise interest rates despite the recent credit market ...
2007-08-24 10:13:00 -
Bank interest rate hits university graduates
Daily Telegraph - Thousands of graduates have been left out of pocket after a bank broke a promise of interest-free overdrafts and started charging fees. HSBC offered students an overdraft of up to £1,500 for the first 12 months after leaving university. However ...
2007-08-25 12:58:00 -
Economy growth renews speculation of interest rate rise (Independent)
Britain's economy continued to grow healthily in the second quarter of this year, the Office for National Statistics has confirmed, renewing concerns that the Bank of England may yet be forced to raise interest rates despite the recent credit market turmoil.
2007-08-24 11:56:42 -
Bank of Mexico Holds Interest Rate as Inflation Slows (Update3) (Bloomberg.com)
Aug. 24 (Bloomberg) -- Mexico's central bank kept its overnight lending rate unchanged today after inflation eased, and signaled its mounting concern that U.S. economic growth is slowing.
2007-08-24 09:13:31 -
Bank interest rate hits university graduates (Daily Telegraph)
Thousands of graduates have been left out of pocket after a bank broke a promise of interest-free overdrafts and started charging fees.
2007-08-24 11:51:51