Fed’s Bernanke to Assure Congress Higher Rates Not Imminent
Fed’s Bernanke to Assure Congress Higher Rates Not Imminent
Feb. 20 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke will probably assure Congress that the central bank is mindful of the lack of job growth in the U.S. and an increase in the benchmark interest rate isn’t imminent after the Fed’s decision to raise the cost of direct loans to banks.
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Fed Shift on Rates Echoes Through Asia and Europe
Fed Shift on Rates Echoes Through Asia and Europe
The Federal Reserve’s move to normalize lending first unnerved markets, but then reassured them as investors saw an implicit vote of confidence in the U.S. economy.
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Fury as credit card rates at 12-year high
Fury as credit card rates at 12-year high
Credit card interest rates have soared to a 12-year high despite historically low Bank of England base rates, it has emerged. Related Stories O’Leary facing libel action from easyJet boss over ad Youth Networking spotlights shared learning
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Dry-Bulk Rates Will Rise in Q1, Poll Says
Dry-Bulk Rates Will Rise in Q1, Poll Says
Readers of TheStreet are bullish on dry-bulk shipping rates early in 2010.
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Bernanke sees less stimulus, higher rates ahead
Bernanke sees less stimulus, higher rates ahead
Washington » Prepare for the end of record-low interest rates, Federal Reserve Chairman Ben Bernanke says. Just not yet. Higher rates on credit cards, home equity loans and some mortgages will follow the Fed’s eventual pullback of the trillions it injected into the economy.
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Feds plug loophole that prevented credit card rates from falling
Feds plug loophole that prevented credit card rates from falling
Credit card users who get interest rate reductions can reap the benefits of their lower rates immediately rather than waiting 45 days, under rules issued by the Federal Reserve. The Fed fixed a …
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The Debt Diva Cautions New Credit Card Law Does Not Protect Against High Interest Rates
The Debt Diva Cautions New Credit Card Law Does Not Protect Against High Interest Rates
Clarky Davis, The Debt Diva and credit advisor at CareOne Services, Inc. today counseled that the Credit Card Accountability, Responsibility and Disclosure Act of 2009 has new regulations that will benefit consumers; however, the act should not be viewed as an automatic solution to financial problems.
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Categories: credit meld Tags: against, card, Cautions, Credit, debt, Diva, high, interest, Protect, rates
Australian Mortgages Slump to Five-Year Low on Rates, Prices
Australian Mortgages Slump to Five-Year Low on Rates, Prices
Feb. 1 (Bloomberg) — Australian borrowing for home- buying fell to a five-year low last month after house prices climbed and the central bank increased lending rates, according to Australian Finance Group Ltd.
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Categories: credit meld Tags: Australian, FiveYear, Mortgages, prices, rates, slump
South Africa Yields Drop to Year Low on Credit Report, Rates
South Africa Yields Drop to Year Low on Credit Report, Rates
Jan. 29 (Bloomberg) — South African bonds gained, pushing intraday yields to their lowest this year, after a report showing a drop in borrowing intensified speculation the central bank will cut its benchmark rate to boost the economy.
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