Bernanke eases worries about rate hikes
Bernanke eases worries about rate hikes
In his first appearance before Congress following a testy confirmation vote in the Senate last month, Ben Bernanke offered a relatively somber assessment of the U.S. economy despite recent signs of …..
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Bank on interest rate fuss
Bank on interest rate fuss
Increases used to be rare in an election year, but not now that the Reserve has the call.
Read more on Brisbane Times
Categories: mortgage merge Tags: Bank, fuss, interest, rate
Stocks mixed after Fed hikes discount rate
Stocks mixed after Fed hikes discount rate
Stocks pared early losses and were trading in a narrow range Friday after the Federal Reserve raised the interest rate it charges banks for emergency loans.
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Benderson’s Assessment Challenges Contribute to Increased Tax Rate in Village’s Draft Budget
Benderson’s Assessment Challenges Contribute to Increased Tax Rate in Village’s Draft Budget
Village Board members took a look at early plans for the 2010-2011 village budget at a Feb. 1 work session. Village Administrator Kimberly Reichert explained that among the properties taxed by the village, the total assessed value fell by over $645,000. In order to collect the $3,465,606 in taxes that the budget calls for, the board would need to raise the tax rate by 3.656 percent to about $17 …
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Categories: mortgage merge Tags: assessment, Benderson's, Budget, Challenges, Contribute, Draft, Increased, rate, Village's
Fed rate move hits Asian shares, boosts dollar
Fed rate move hits Asian shares, boosts dollar
A surprise move by the US Federal Reserve to hike one of its lending rates triggered fears in Asian markets Friday that global stimulus measures may begin unwinding sooner than expected.
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Housing finance firms want relief from base rate
Housing finance firms want relief from base rate
Housing finance companies (HFCs), which rely heavily on banks for funds, have said that loans taken by them should be exempted from the proposed base rate system.
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Fed bumps up rate banks pay for emergency loans
Fed bumps up rate banks pay for emergency loans
The Federal Reserve decided Thursday to boost the rate banks pay for emergency loans. The action is part of a broader move to pull back the extraordinary aid it provided to fight the financial crisis.
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U.K. Inflation Rate Accelerates to 14-Month High (Update1)
U.K. Inflation Rate Accelerates to 14-Month High (Update1)
Feb. 16 (Bloomberg) — U.K. inflation accelerated in January to the fastest pace in 14 months as an increase in sales tax pushed the rate high enough to prompt a public letter of explanation from Bank of England Governor Mervyn King .
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Categories: mortgage merge Tags: 14Month, Accelerates, High, Inflation, rate, U.K., Update1
Clock ticking for interest rate hikes
Clock ticking for interest rate hikes
The Bank of Canada only pledged — conditionally — to keep its record-low lending rate until the end of the second quarter
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S.Korea jobless rate jumps; rate outlook unchanged
S.Korea jobless rate jumps; rate outlook unchanged
* Jan unemployment rate soars to 10-year high
Read more on Reuters via Yahoo! Asia News