Mortgage and Financial News From 2008-2-5 Page 3

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  • FOREX-Euro drops; ECB rate cuts seen after weak data

    Forbes - NEW YORK (Reuters) - The euro underwent a broad-based decline Tuesday as dismal euro zone service sector data fueled expectations the European Central Bank might follow the United States in cutting interest rates. The dollar pared early U.S. gains ...
    2008-02-05 01:35:00

  • Euro drops; ECB rate cuts seen after weak data

    Reuters - NEW YORK (Reuters) - The euro underwent a broad-based decline on Tuesday as dismal euro zone service sector data fueled expectations the European Central Bank might follow the United States in cutting interest rates. The dollar pared early U.S. gains ...
    2008-02-05 01:42:00

  • Additional interest rate cuts questioned

    BusinessWeek - CHARLESTON, W.Va. Additional interest-rate cuts may not be warranted unless the sluggish U.S. economy slumps more than expected over the next several months, Federal Reserve Bank of Richmond President Jeffrey Lacker said Tuesday. Lacker also ...
    2008-02-05 01:56:00

  • Tax cuts in question

    News.com.au - THE Reserve Bank's interest rate rise is insufficient to stop the march of the powerhouse Australian economy, with still more to come, economists predict. The Reserve Bank lifted its official cash rate by 25 basis points to 7 per cent yesterday, the ...
    2008-02-05 08:51:00

  • Economist fails to see a recession

    St. Petersburg Times - While growth won't be spectacular - and employment will just putter along - the economy should avoid a recession this year thanks to the Federal Reserve's panic-soothing interest rate cuts, Fishkind said. "I think the economy's a little better than ...
    2008-02-05 09:13:00

  • Tanner 'very disappointed' by CBA's rate rise

    News.com.au - FEDERAL Finance Minister Lindsay Tanner said it was "very disappointing" Commonwealth Bank had decided to lift its home loan interest rate by more than yesterday's central bank adjustment. He said the decision would not reflect well on the bank in ...
    2008-02-05 07:26:00

  • Surveys hit hopes of UK interest rate cuts

    Daily Telegraph - Hopes of aggressive interest rate cuts faded yesterday after two key surveys showed the UK economy holding up relatively well in the face of the global slowdown. Although the Monetary Policy Committee is still expected to reduce the cost of borrowing ...
    2008-02-05 06:35:00

  • Commonwealth rate hike slammed

    News.com.au - THE Federal Government and unions have accused the Commonwealth Bank of piling on the pain by lifting its standard home loan interest rate. The Commonwealth today announced it was increasing its variable home loan rate by 0.30 per cent to 8.97 per ...
    2008-02-05 10:10:00

  • INSTANT VIEW 2-Indonesia c.bank holds key rate at 8 percent

    Guardian Unlimited - JAKARTA, Feb 6 (Reuters) - Indonesia's central bank left its key interest rate unchanged at 8.0 percent on Wednesday, wary of mounting price pressures even as aggressive U.S. rate cuts created some space for policy easing. All 17 analysts in a ...
    2008-02-05 10:10:00

  • Indonesia Keeps Rate Unchanged After Raising Inflation Target

    Bloomberg - Feb. 6 (Bloomberg) -- Indonesia's central bank kept the benchmark interest rate unchanged for a second month after raising its inflation target for 2008. Governor Burhanuddin Abdullah and his colleagues maintained the rate used as a reference for ...
    2008-02-05 10:32:00

  • Reform or repeal - Roanoke Times

    Reform or repealRoanoke Times, VA - 26 minutes ago... up to an amount nearly equivalent to the $15 per $100 now commonly charged by lenders, a usurious 390 percent annual interest rate on a two-week loan. ...
    2008-02-05 10:34:11

  • US markets sell off from major resistance - MarketWatch

    US markets sell off from major resistanceMarketWatch - 25 minutes agoSpecifically, will 125 basis points of interest-rate cuts across the past two weeks be enough to get the US markets back atop major resistance? ...
    2008-02-05 10:34:36

  • Yen Rises to One-Week High Against Euro After Stocks Decline - Bloomberg

    Yen Rises to One-Week High Against Euro After Stocks DeclineBloomberg - 25 minutes ago``The yen may gain more on a reduction of risk appetite,'' said Motonari Ogawa, vice president of interest-rate products and foreign exchange in Tokyo at ...
    2008-02-05 10:35:03

  • Glaston's Result Improved - ABN Newswire (press release)

    Glaston's Result ImprovedABN Newswire (press release), Australia - 24 minutes agoFinancial risks such as foreign exchange, interest rate, financing and credit risks are associated with Glaston's business activity. ...
    2008-02-05 10:36:06

  • Deceased loved one held at funeral home was "misunderstanding" - Tampa Bay's 10

    Deceased loved one held at funeral home was "misunderstanding"Tampa Bay's 10, FL - 24 minutes agoOn top of that, staff at that facility said they knew nothing of her special offer and would be forced to charge the full rate of $3200 including burial ...
    2008-02-05 10:36:26

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