News on Interest Rates

European equities rally on upbeat Fed outlook

2010-03-17T05:16:08Z

<div><p>Europe's main stock markets rose Wednesday, after bumper gains earlier in Asia, as investors welcomed the US Federal Reserve's upbeat economic outlook, analysts said.</p><p>Asian markets were also spurred higher after the Bank of Japan held its key inter...

Fed's Bullard: Adjust quantitative easing

2010-03-04T09:15:39Z

<div><p>St. CLOUD, Minnesota (Reuters) - The Federal Reserve should shift quantitative easing policies based on the U.S. economy's evolution, in the same way those changes guide interest rate policy, a top Fed official said on Thursday.</p...

Kocherlakota: Fed must be careful on tightening timing

2010-03-02T12:45:09Z

<div><p>MINNEAPOLIS (Reuters) - The U.S. Federal Reserve must be especially careful when the time comes to raise interest rates because of its bloated balance sheet, Minneapolis Fed President Narayana Kocherlakota said on ...

Fed hikes bank loan rate in surprise move

2010-02-22T08:29:38Z

<div><p>The US Federal Reserve is raising the interest rate on emergency loans to banks, in a surprise move seen as the start of an exit strategy for radical measures to jolt the economy from recession.</p><p>After two consecutive quarters of positive US economic growth, the Federal Reserve Board said Thursday it...

ECB gives cautious backing to Greek deficit plan

2010-02-22T12:01:08Z

<div id="subtitle">ECB gives cautious backing to Greek deficit reduction plan as it holds key rate at record lows</div><div><p>The European Central Bank kept its main interest rate unchanged at the record low of 1 percent for the ninth month running Thursday and gave its cautious backing to the Greek government's attempt to get a grip on its borrowing.</p&g...

Australia inflation rise, rate hike expected

2010-02-22T14:20:41Z

<div><p> Australia's inflation rate increased in the fourth quarter of 2009, figures showed Wednesday, exceeding forecasts and boosting the prospects of an interest rate rise next week.</p><p>The Consumer Price Index (CPI) rose 0.5 percent in the three months to December from the previous quarter and the annual headline ...

Indicator a signal for the Fed to raise interest rates?

2010-02-22T17:21:57Z

<div id="subtitle">Gold's bull market will likely continue until at least 2013-2014 though</div><div><p>Below is an excerpt from a commentary originally posted at www.speculative-investor.com on January 14, 2010. </p><p>What the "risk free" interest rate should be and what it actually is The risk-free interest rate (the interest rate where the risk of direct default is close to zero) should reflect the economy-wi...

This could crush stock market valuations

2010-02-22T18:32:28Z

<div id="subtitle">Warren Buffett warned about it as well</div><div><p>By now, most every DailyWealth reader knows the argument for higher interest rates. Simply put, the U.S. government is facing a staggering amount of unfunded liabilities in 2010... around $3.5 trillion to be exact. As I described in my commentary on the Greenspan/Guidotti rule, the only way the government ca...

U.S. regulators warn banks on interest rate risk

2010-02-22T23:52:01Z

<div><p>WASHINGTON (Reuters) - U.S. regulators on Thursday urged banks to protect themselves against hikes in interest rates, which could threaten the easy earnings that have helped heal the banking system during the credit crunch.</p><p>Banks have generated billions of dollars of profits by borrowing at low short-term...

S.Korea freezes key rate amid claim of govt intervention

2010-02-22T23:41:42Z

<div><p>South Korea's central bank froze its record low interest rates for an 11th straight month Friday, but the government faced claims of meddling as it emerged a minister sat in on the policy meeting.</p><p>The Bank of Korea (BOK) kept the benchmark seven-day repo rate at 2.0 percent in its monthly policy meeting saying it wou...

Federal Reserve Keeps Interests Rates Steady

2009-12-16T13:31:16Z

NEW YORK - DECEMBER 16: Traders work on the floor of the New York Stock Exchange minutes before the Fed announcement on interest rates December 16, 2009 in New York City. The Federal Reserve left interest rates unchanged at a historic low of n...

Low interest rates lure banks to take risk: study

2010-02-23T20:02:11Z

<div><p>ZURICH (Reuters) - Rock-bottom interest rates are luring banks into taking risky bets and central banks should be alert to the negative effects of loose monetary policy on financial stability, a high-profile study showed.</p><p>The study from the Bank for International Sett...

Europe ECB Interest Rates

2009-12-03T08:31:52Z

Jean-Claude Trichet, President of the European Central Bank ECB, is seen during a press conference in Frankfurt, central Germany, Thursday, Dec. 3, 2009 announcing that the ECB leaves its main interest rate unchanged. (AP Photo/Michael Probst)

EZB Zinsen

2009-12-03T08:31:43Z

Der Praesident der Europaeischen Zentralbank, EZB, Jean-Claude Trichet, gibt am Donnerstag, 3. Dezember 2009, in Frankfurt am Main eine Pressekonferenz, nachdem die EZB den Leitzins uneveraendert laesst. (AP Photo/Michael Probst) --- Jean-Claude Trichet, President o...

World Bank: Raising rates quickly may cause slump: report

2010-02-24T00:55:50Z

<div><p>SINGAPORE (Reuters) - Swift interest rate hikes aimed at containing inflation in product and asset prices could cause another downturn in the slowly recovering economies of the United States and Europe, the head of the World Ban...

The Federal Reserve Announces Its Leaving Interest Rates Unchanged

2009-11-04T13:17:52Z

NEW YORK - NOVEMBER 04: Traders work on the floor of the New York Stock Exchange moments before the Federal Reserve announced it would leave interest rates unchanged on November 4, 2009 in New York, New York. Saying that the The euro and the pound fell sharply against the dollar on Tuesday as European stock markets tumbled and Britain unveiled a major shake-up of the banking industry, analysts said.</p><p>Meanwh...

Australia raises rates for second month in a row

2010-02-24T10:47:57Z

<div><p>Australia's central bank hiked interest rates by 25 basis points for a second successive month on Tuesday, saying the improving economic outlook and expected growth in Asia justified the move.</p><p>Central bank governor Glenn Stevens said the bank had dec...

India's central bank holds interest rates

2010-02-24T14:02:01Z

<div><p>India's central bank kept key short-term interest rates unchanged at their record lows at a policy meeting on Tuesday, a statement said.</p><p>"The precise challenge which the bank faces is to support the recovery process without compromising on price stability," Reserve Bank of India governor Duvvuri Subbarao said in ...

2009 federal deficit surges to $1.42 trillion

2010-02-24T17:59:03Z

<div id="subtitle">$1.42 trillion federal deficit, with more to come, sows seeds of another economic crisis</div><div><p>What is $1.42 trillion? It's more than the total national debt for the first 200 years of the Republic, more than the entire economy of India, almost as much as Canada's, and more than $4,700 for every man, woman and child in the