Mortgage and Financial News From 2007-8-28 Page 18

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  • Fed under Bernanke showed it would act when needed

    Nashville Tennessean - ... because Americans were put on shaky ground by recent events. And almost everyone agrees that the crunch of the sub-prime ... The Fed under Chairman Ben Bernanke responded to market unease with a reduction in the discount interest rate by half a ...
    2007-08-28 06:59:00
  • Federal Reserve: Arguments For and Against a September Rate Cut

    FXStreet.com - ... housing market reports will do little to help the Federal Reserve determine what to do with interest rates next month. Expectations for a September rate ... News that Japan’s Prime Minister will be completely reshuffling his Cabinet amidst his low ...
    2007-08-28 06:23:00
  • As Bernanke retreats, critics ask is he prime time

    White Plains Journal News - ... critics from Washington to Wall Street are starting to ask whether the Federal Reserve chairman is ready for a prime-time ... Now, as he resists demands to cut the benchmark interest rate, the faultfinding, some from former Fed policymakers, has escalated ...
    2007-08-28 06:31:00
  • Dollar lower as US stocks fall

    News.com.au - The domestic currency fell from an 18-year high of $US0.8874 on July 25, to a low of $US0.7676, after the close of trade on August 17, as a liquidity crisis caused by woes in the US sub-prime mortgage market hurt high interest rate currencies. Mr ...
    2007-08-28 07:49:00
  • European Central Bank chief hints at delay in rate rise

    Guardian Unlimited - ... as European Central Bank chief Jean-Claude Trichet hinted that the bank's planned interest rate rise on ... speaking after news of the rescue of a small German bank stricken by losses in the US sub-prime mortgage market, said his previous hints of a rate ...
    2007-08-28 06:59:00
  • Trichet keeps his rate options open

    The Independent - ... in the face of intense pressure to say whether the ECB will indeed raise interest ... and Landesbank Sachsen Girozentrale, as a result of their exposure to US sub-prime ... added that the ECB will take all relevant factors into account in its next rate ...
    2007-08-28 08:04:00
  • Dollar edges higher against the euro (AP via Yahoo! News)

    The dollar edged higher against the euro Monday as markets looked to European Central Bank President Jean-Claude Trichet for new hints on the bank's interest rate plans.
    2007-08-27 10:45:58
  • Federal Reserve: Arguments For and Against a September Rate Cut (Daily FX)

    Federal Reserve: Arguments For and Against a September Rate Cut With London markets closed for their Summer Bank holiday, trading in both the equity and currency market has been extraordinarily quiet.
    2007-08-27 08:56:43
  • Dollar lower as US stocks fall (Perth Now)

    THE dollar closed weaker today as US stocks fell and the chance of a European interest rate rise was dampened.
    2007-08-28 07:40:00
  • Governor chills economy: Cuts interest by 0.25% (Haaretz Daily)

    Entirely as expected, Bank of Israel Governor Stanley Fischer tightened monetary policy and raised central bank interest rates by 25 basis points yesterday.
    2007-08-27 11:15:20
  • Trichet keeps his rate options open (Independent)

    The president of the European Central Bank, Jean-Claude Trichet, sought yesterday to keep his options open in the face of intense pressure to say whether the ECB will indeed raise interest rates (as previously signalled before the credit crunch) at its next meeting on 6 September.
    2007-08-28 12:37:21
  • US Sub Prime Fallouts Affect Australian Banks- RBA Deputy Governor (Nasdaq)

    (RTTNews) - The recent global financial market turmoil, stemming from the US sub-prime fallouts has affected Australian banks in a limited scale, Ric Battellino deputy governor, Reserve Bank of Australia said Monday. He was addressing the Retail Financial Services Forum in Sydney.
    2007-08-28 03:01:33
  • Federal Reserve: Arguments For and Against a September Rate Cut (Daily FX via Yahoo! Finance)

    - Federal Reserve: Arguments For and Against a September Rate Cut - ECB Trichet Non Committal About September Rate Hike - Japanese Cabinet Shakeup Fails to Hurt the Japanese Yen
    2007-08-27 08:41:03
  • Central bank tipping away from interest rate rise (The Globe and Mail)

    OTTAWA — The Bank of Canada is re-evaluating its efforts to reign in inflation in light of the upheaval in the global financial markets, Deputy Governor Pierre Duguay said Monday evening.
    2007-08-27 11:56:57
  • As Bernanke Retreats, Critics Ask Is He Prime Time (Bloomberg via Yahoo! News)

    Aug. 27 (Bloomberg) -- Ben S. Bernanke's critics from Washington to Wall Street are starting to ask whether the Federal Reserve chairman is ready for a prime-time crisis.
    2007-08-27 06:55:02