Mortgage and Financial News From 2007-11-8 Page 13
Previous Day: 2007-11-07
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ECB, BoE Leave Interest Rate Unchanged
CNBC - The European Central Bank left rates unchanged as expected on Thursday, with analysts saying the doves in the governing council had the upper hand. Inflation has been running way above the ECB's comfort zone but the strength of the euro and the ...
2007-11-08 04:50:00 -
Fed Chief Stays Cautious On Further Rate Cuts
CNBC - ... tighter credit and the housing slump wane. Bernanke's cautionary notes on growth weighed on stock prices and the dollar and gave a lift to prices for U.S. government debt, as investors saw it suggesting a somewhat greater likelihood of interest rate ...
2007-11-08 09:01:00 -
FOREX-Dollar cuts losses as Trichet does not signal rate hike
Reuters - NEW YORK, Nov 8 (Reuters) - The dollar trimmed losses against the euro on Thursday after the European Central Bank left interest rates steady and did not signal an imminent interest rate hike. The dollar was also cheered by a report showing that new ...
2007-11-08 09:22:00 -
US RATE FUTURES-Fed rate cut ideas up on Bernanke
Reuters - CHICAGO, Nov 8 (Reuters) - U.S. short-term interest rate futures rallied on Thursday, boosting the implied chances of a Federal Reserve rate cut in December as dealers dissected testimony from Fed Chairman Ben Bernanke. Futures show as much as an 82 ...
2007-11-08 07:14:00 -
ECB, BoE Stand Pat on Interest Rates
Philadelphia Inquirer - FRANKFURT, Germany - The European Central Bank left key interest rate unchanged at 4 percent Thursday, even as member nations are beset by rising inflation, a stronger euro and calls to follow interest rate cuts in the United States. The bank ...
2007-11-08 07:28:00 -
Fed's Balancing Act On Rate Cut Getting Tougher
CNBC - What people are trying to figure out is what is likely to happen next,” said Sam Stovall, chief investment strategist at S&P, which is still calling for another interest rate cut at one of the Fed’s next two meetings, “probably at the January ...
2007-11-08 10:41:00 -
Rudd refuses to accept rate rise 'gift'
News.com.au - OPPOSITION Leader Kevin Rudd has refused to reveal if he thought the latest interest rise was a plus or a minus for his election prospects. On ABC TV last night the Labor leader said he refused to engage in political commentary when he was asked if ...
2007-11-08 08:54:00 -
Interest rate kept on hold at 5.75%
Western Telegraph - The Bank of England resisted pressure for a cut in the cost of borrowing by keeping rates on hold at 5.75% for the fourth month in a row. The Bank's nine-strong Monetary Policy Committee (MPC) left the base rate unchanged despite recent data pointing ...
2007-11-08 11:38:00 -
Landry's 3rd-quarter loss shrinks, even as it takes charges for ...
CNBC - NEW YORK - Restaurant chain operator Landry's Restaurants Inc. on Thursday said its third-quarter loss narrowed, even as it recorded expenses related to a boost in the interest rate it pays on some of its debt. Landry's said its quarterly loss ...
2007-11-08 08:47:00 -
US RATE FUTURES-Dec Fed ease seen as stocks slide
Reuters - CHICAGO, Nov 8 (Reuters) - U.S. short-term interest rate futures extended their early gains on Thursday, rallying in line with Treasury bond prices as equity prices tumbled for a second straight day. At the day's high, futures implied a 98-percent ...
2007-11-08 09:51:00 -
South African Rand Rises as Mboweni Stokes Rate Speculation
Bloomberg - Nov. 8 (Bloomberg) -- South Africa's rand rose after central bank Governor Tito Mboweni signaled interest rates may be raised next month as higher commodity prices threaten to stoke inflation. The rand advanced against 13 of the 16 major currencies ...
2007-11-08 10:20:00 -
Fed funds futures now suggest a 50 basis point rate cut in December is ...
Forbes - NEW YORK (Thomson Financial) - Fed funds futures now suggest that a 25 basis point interest rate cut is a certainty in December, and that a 50 basis point cut is more than likely. December fed funds futures were up 0.045 points at 95.685, which ...
2007-11-08 11:38:00 -
Bank Reveals Interest Rate Decision (FOX 35 Orlando)
As expected, the Bank of England has kept the base rate of interest at 5.75%.
2007-11-08 04:42:00 -
Bank Of England Holds Key Interest Rate Steady At 5.75% (Nasdaq)
(RTTNews) - The UK's central bank left its key interest rate unchanged on Thursday, in line with expectations.
2007-11-08 04:25:09 -
Bank Reveals Interest Rate Decision (Sky News via Yahoo! UK & Ireland Finance)
The interest rate has been kept on hold once again this month.
2007-11-08 04:00:33
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