Mortgage and Financial News From 2008-1-26

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  • France's Lagarde Urges Trichet to Consider Growth (Update2)

    Bloomberg - Federal Reserve, Bank of England and Bank of Canada in cutting interest rates, choosing to leave its benchmark interest rate at 4 percent at a time when inflation is above its 2 percent limit. Lagarde said Sarkozy still wanted to convene ...
    2008-01-26 12:06:00

  • A white-knuckle week in markets

    Times Online - Just after lunch Bernanke called a brief meeting of the Fed officials who look at interest-rate policy. He and his colleagues agreed that drastic action was needed. The Fed’s open-markets committee was not due to meet until Tuesday this week, a ...
    2008-01-26 12:57:00

  • He's only human

    Minneapolis Star Tribune - So much for the myth of the maestro. Federal Reserve Chairman Ben Bernanke last week gave the U.S. economy its most decisive interest rate reduction in a generation, slashing a benchmark rate by three-quarters of a percent. The cut in the federal ...
    2008-01-26 02:37:00

  • Delinquent taxpayers may get break; Officials consider reduced ...

    Patriot Ledger - WEYMOUTH - Cash-strapped Weymouth officials are looking at reducing the interest rate it charges to delinquent taxpayers, hoping it would entice more owners of properties in tax title to pay their debts and infuse sorely needed cash into the town’s ...
    2008-01-26 05:26:00

  • Dollar Falls Against Euro on Concern Economy Nears Recession

    Bloomberg - Jan. 26 (Bloomberg) -- The dollar fell against the euro and the pound after the biggest interest rate reduction in almost 18 years by the Federal Reserve wasn't enough to convince traders the world's biggest economy will avoid a recession. The U.S ...
    2008-01-26 11:59:00

  • Canadian Dollar Posts First Weekly Gain This Year on Rates

    Bloomberg - Jan. 26 (Bloomberg) -- The Canadian dollar posted its first weekly gain this year after the U.S. Federal Reserve cut its benchmark interest rate below borrowing costs in Canada for the first time since 2005. Canada's dollar advanced against the 16 ...
    2008-01-26 12:42:00

  • U.K. Gilts Post Weekly Decline as Fed Rate Cut Crimps Appetite

    Bloomberg - Jan. 26 (Bloomberg) -- U.K. two-year notes had their biggest weekly fall since Dec. 14 after the Federal Reserve's emergency interest-rate cut boosted confidence in global markets, crimping appetite for the safety of government debt. The drop pushed ...
    2008-01-26 08:39:00

  • Interest rate contrast between US and Australia

    News.com.au - THE US Federal Reserve slashed its official interest rate by three-quarters of a percentage point mid-week, the biggest cut it's done in decades. It looked like panic. It was panic. It represented failure across the US financial and policy landscape ...
    2008-01-26 10:41:00

  • bad credit - WebWire (press release)

    bad creditWebWire (press release), GA - 1 hour agoThis has the added advantage of securing a lower interest rates, and a fixed interest rate whilst conveniently dealing with only one loan agency” he ...
    2008-01-26 02:56:00

  • BoJ chief dismisses call for rate cut - Independent-Bangladesh

    BoJ chief dismisses call for rate cutIndependent-Bangladesh, Bangladesh - 1 hour agoJapan's central bank chief on Friday dismissed a call for an interest rate cut in coordination with the US Federal Reserve, saying that current policies ...
    2008-01-26 02:59:50

  • Media Manuvers: Magic Mountain - Huffington Post

    Media Manuvers: Magic MountainHuffington Post, NY - 1 hour agoAs countless missives told us, many movers and shakers heard the news of Ben Bernanke's historic rate cut as they arrived at the snow-filled ski resort. ...
    2008-01-26 03:00:09

  • Indian inflation edges up, but central bank seen less hawkish - Independent-Bangladesh

    Indian inflation edges up, but central bank seen less hawkishIndependent-Bangladesh, Bangladesh - 54 minutes agoIndia's inflation edged upward, official data on Friday showed, but analysts said this week's US interest rate cut made it more likely the Indian central ...
    2008-01-26 03:05:25

  • BIG JOE CLARK: Market vs. economy - Anderson Herald Bulletin

    BIG JOE CLARK: Market vs. economyAnderson Herald Bulletin, IN - 50 minutes agoNo change — The USA Today Economist of the Year for 2006 (Richard DeKaser) predicted on March 20, 2007, that the US Fed would keep interest rates unchanged ...
    2008-01-26 03:09:24

  • SEA Receives Additional Funding to Involve K-12 Teachers and ... - PR-USA.net (press release)

    SEA Receives Additional Funding to Involve K-12 Teachers and ...PR-USA.net (press release), Bulgaria - 48 minutes ago"We plan to introduce our summer research team to four National Estuarine Research Reserves (NERR) that are of special interest to the Environmental ...
    2008-01-26 03:11:58

  • Embrace Pet Insurance and Best Friends Animal Society Partner to ... - PR-USA.net (press release)

    Embrace Pet Insurance and Best Friends Animal Society Partner to ...PR-USA.net (press release), Bulgaria - 43 minutes ago... discounted rate to our members, we're hopeful that it will be easier for more people to make animal care decisions that are always in the best interest ...
    2008-01-26 03:16:29

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