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Interest Rates News is an EIN News Service for political professionals. Constantly updated news and information about U.S. politics.
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Latest Interest Rates News

  • US mortgage applications edge higher as rates hit 6 mo high 2 Dec 2009 12:31 GMT
    ... NEW YORK, Dec 2 (Reuters) - U.S. mortgage applications nudged higher last week, data ... showed a subdued reaction to the lowest interest rates in six months. The Mortgage Bankers Association ...

  • RPT-PREVIEW-Bernanke to defend his record and the Fed's 2 Dec 2009 12:31 GMT
    ... Regulatory reform proposals likely to be debated WASHINGTON, Dec 2 (Reuters) - Federal Reserve Chairman ... and deep recession that eliminated 7.3 million U.S. jobs and cost taxpayers hundreds of billions ... congressional watchdog agency to audit the Fed's interest rate decisions. The central bank's many critics contend ...

  • Nick Perna: Should we abolish the Federal Reserve? 2 Dec 2009 12:30 GMT
    ... former Fed Chairman Alan Greenspan for holding interest rates too low for too long between 2001 ... mightily to the housing bubble that eventually burst and almost dragged down the global financial ... the formula as a precise guide for interest rate setting is stretching things way too far. ...

  • In deflation-era Japan, a 'life of minus' 2 Dec 2009 12:28 GMT
    ... Published on Tuesday, Dec. 01, 2009 8:15PM EST Last updated ... per cent while pumping more than $100-billion (U.S.) into the banking system. The central bank ... get consumption up is deflation and negative interest rates.” Mr. Smithers and others say Japan still ...

  • Wall St Sense Reviews Technology, Financial and Basic Materials Stocks 2 Dec 2009 12:26 GMT
    ... Wall St Sense Reviews Technology, Financial and Basic Materials Stocks ... Reviews Technology, Financial and Basic Materials Stocks U.S. stocks edged higher in choppy trade on ... were in line with our expectations. Falling interest rates and lower equity market valuations significantly... -- ...

  • Japan: Will It Soon Be 'The 20 Lost Years'? 2 Dec 2009 12:25 GMT
    ... Tuesday trade had two main moments of volatility, the ... RBA, and their decision to raise overnight interest rates to 3.75%, and the second came from ... has hit a 14-year high against the U.S. dollar, and the country’s fear of deflation. ...

  • Gold set to zoom to $2000 in 12 14 months 2 Dec 2009 12:24 GMT
    ... The demand for gold investments due to inflationary concerns and ... problems have forced many nations to cut interest rates which often leads to weakened currency valuations. ... leads to weakened currency valuations. In the United States, record low interest rates and the massive ...

  • StockPreacher.com Initiates Independent Research Coverage on Electro Rent Corp. 2 Dec 2009 12:21 GMT
    ... DALLAS, Dec. 2, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an ... and calibration and service centers in the United States, Canada, China and Europe. "The Company has ... the prior year, principally due to lower interest rates. "ELRC was selected as Agilent's sole Authorized ...

  • StockPreacher.com Initiates Independent Research Coverage on Electro Rent Corp. (GNW) 2 Dec 2009 12:20 GMT
    ... Get our alerts BEFORE the rest of the market. Follow ... and calibration and service centers in the United States, Canada, China and Europe. "The Company has ... the prior year, principally due to lower interest rates. sole Authorized Technology Partner (ATP) for the ...

  • Dollar steady ahead of jobs data 2 Dec 2009 12:10 GMT
    ... LONDON (Reuters) -- The yen weakened broadly on Wednesday ... Dubai's debt problems and the prospect of U.S. interest rates staying low for some time weighed on ...

  • Financial crisis or energy shock? 2 Dec 2009 12:10 GMT
    ... f you listen to Ben Bernanke and Wall Street economists, it ... it was the sharp mid-decade run-up in interest rates that burst the bubble and caused the collapse in ...

  • Panel to hear from Geithner, industry execs as Congress crafts rules to regulate derivatives 2 Dec 2009 12:09 GMT
    ... WASHINGTON (AP) - As Congress crafts legislation to ... such as currency rates, oil futures or interest rates. The derivative is designed to reduce ...

  • Indian shares ease; HDFC falls, Tata Motors up 2 Dec 2009 12:04 GMT
    ... MUMBAI, Dec 2 (Reuters) - Indian shares ran out of ... rate product introduced by HDFC implies lower interest rates, and could pressurise its margins to an ... markets, subdued steel prices, and Corus' production cuts,' First Global In the broader market, gainers ...

  • Card issuers revive nonuse fees to counter delinquencies 2 Dec 2009 12:03 GMT
    ... Ms. Sherry said. Citigroup Inc. varies the interest rate it charges customers based on how often ... America, JPMorgan Chase & Co., the biggest U.S. credit-card lender, Capital One Financial Corp., and Discover ...

  • BoJ to Japan's rescue & Facebook gets even bigger 2 Dec 2009 12:03 GMT
    ... founded/operated by individuals who have attended Terrie's Entrepreneurs' Handbook seminar. At PBXL, we understand how ... offer loans to banks at a fixed interest rate of 0.1 percent against collateral. BoJ's Masaaki ... worldwide than the entire population of the United States, a mind-boggling fact when you consider the ...


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