Interest Rates Archive

FreddyMac house prices fall

NOTE THE HEADLINE BELOW VS THE STORY-PRICES ARE STILL UP YEAR OVER YEAR: Home Prices Suffer Biggest Drop In 25 Years (Reuters) U.S. home prices dropped the most in a quarter century in the three months to the end of September on an annualized basis as inventories, restrictive lending and a credit ...Read More

Surprise! CEOs Aren’t Too Worried About Economy

Fed says they watch this closely: Surprise! CEOs Aren’t Too Worried About Economy U.S. chief executives’ view of the economy improved in the fourthquarter, although they have become far more concerned about energy prices than they were a year ago, according to a survey by the Business Roundtable. The group said its ...Read More

BoC cuts rates

Makes a lot more sense to Central Bankers to cut with a strong currency than a weak one, particularly with the strong currency keeping prices below their inflation targets. The ECB, however, is looking at 3% cpi, and would rather not see the Fed cut, as they believe that would weaken the ...Read More

Cut mania spreading!

U.K. Economists Call for Immediate Rate Cut, TelegraphReports (Bloomberg)U.K. economists urged the Bank of England to cut interest rates as a matter of urgency after the sterling inter-bank market’s fastest decline in modern times, the Daily Telegraph reported. The volume of market loans in the banking system fell from640 bln pounds ($1.3 ...Read More