Low interest rates provide boost to auto loan business
Record-low interest rates have propped up a slow-to-recover housing industry. Even lower rates are helping the auto finance industry surge, as many firms see exponential growth and consumers get great deals.www.startribune.com
George Hohmann: Low interest rates hurt seniors
CHARLESTON, W.Va. -- Ultra-low interest rates are hurting senior citizens who depend on interest generated by their nest egg to help pay for necessities.wvgazette.com
Higher Interest Rates as a Job-Creation Strategy
Economies may need higher interest rates to break free from the risks of a jobless recovery. Cutting rates to nearly zero may not be the right policy because it pushes economic actors to expect deflation, which in turn means that real wages are too ...blogs.wsj.com
Banks seen lowering interest rates
BANK INTEREST rates should drop in the medium term, a monetary official said, reflecting policy adjustments implemented this year by the Bangko Sentral ng Pilipinas (BSP).www.bworldonline.com
Bernanke: Cutting Interest Rate on Reserves to Zero Would Provide Little Stimulus
NEW YORK--Cutting to zero the interest rate the Federal Reserve pays banks to park excess reserves on its books wouldn't add much stimulus to the economy, Federal Reserve Chairman Ben Bernanke said Tuesday.online.wsj.com
Low interest rates and inventory fuel home sales
More homes were sold in the Chicago area last month than in any October since 2006, fueled by low interest rates and buyer sentiment that prices may finally be stabilizing and, in some areas, moving off the bottom.articles.chicagotribune.com
Banking Sector Frets Over Biti's Reforms
THE ramifications of Finance minister Tendai Biti's move to control charges and interest rates were felt across the banking sector last week with executives warning that such a move would kill the industry.allafrica.com
Forget Interest Rate Risk with These Bond ETFs - ETF News And Commentary
Yet the specter of rising interest rates is always hanging over the market, threatening to eventually crush those who have bought long-dated bond investments.community.nasdaq.com
Sri Lankan bourse steady; interest rate concern remains
COLOMBO Nov 23 (Reuters) - Sri Lankan stocks ended steady on Friday as investors largely stayed on the sidelines with higher interest rates putting a damper on trade and block deals pushing turnover. The Colombo Stock Exchange's main index ended just ...www.reuters.com
Average 30-year mortgage interest rate hits record low 3.3 percent
WASHINGTON - Average U.S. interest rates on fixed mortgages fell to fresh record lows this week, a trend that is boosting home sales and aiding the housing recovery.www.dailycomet.com
Fed Moves Toward Tying Interest-Rate Decisions to Economic Data
Policy makers "generally favored the use of economic variables" to provide guidance on the when they are likely to approve their first interest-rate increase since 2008, according to minutes of their Oct. 23-24 meeting released yesterday. Such measures ...www.businessweek.com
Interest rate reform would be good step
Chinese leader Hu Jintao opened the 18th National Congress of the CPC by highlighting the need to build a "beautiful China".www.chinadaily.com.cn
John Crudele
Dear John: Why is it that Mitt Romney never raised the issue of the effect of the Fed's low interest-rate policy on savers and senior retirees, given his absolute need to win the state of Florida, where so many retirees live?www.nypost.com
A reduction of 10-15 bps in interest rate is possible: D Sarkar
Mumbai-based Union Bank of India sees interest rate to soften going ahead and the bank may reduce lending rates further at a time when credit pick up is sluggish.www.business-standard.com
Tame inflation supports low interest rates: analysts
Canada's annual inflation rate remained stuck at 1.2 per cent for the third consecutive month in October, continuing a level of stability that will give the Bank of Canada little reason to adjust ultra-low interest rates. The consumer price index ...www.timescolonist.com
Interest rate unchanged
The prime interest rate will remain steady after the SA Reserve Bank opted on Thursday not to change the repo rate. 22 November 2012 | Sapa.www.citizen.co.za
Rates to stay grounded for some time
Nedbank's group economic unit said interest rates could start to increase late next year, or early in 2014, but warned that deterioration in the global and domestic economies would increase the chance of another rate cut.www.bdlive.co.za
India leaves interest rates unchanged, cuts bank reserves
MUMBAI (Reuters) - India's central bank left interest rates on hold on Tuesday but cut the cash reserve ratio for banks, defying pressure from the government to lower rates for the first time since April but also indicating it may ease policy in early ...www.reuters.com
CreditCards.com Weekly Credit Card Rate Report: Credit card interest rates ...
21, 2012 -- /PRNewswire/ -- Interest rates on new credit card offers remained static this week, according to the CreditCards.www.sacbee.com
Colombia cuts rates in surprise move as economy slows
BOGOTA (Reuters) - Colombia unexpectedly cut its key interest rate on Friday to counter a slowdown in Latin America's fourth-largest economy due to global uncertainty and weaker domestic demand.www.reuters.com
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