Mortgage and Financial News From 2008-2-1 Page 18

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  • Fed's rate cuts mark end to gradualism

    Financial Times - Is the era of gradualism at the Federal Reserve over? After 125 basis points of interest rate cuts in the space of eight days, some economists are asking whether the US central bank is taking a new approach to monetary policy. They see the new ...
    2008-02-01 11:38:00
  • Experts tipping two more rate rises

    News.com.au - NINETY per cent of economists surveyed yesterday predict the Reserve Bank will raise rates next Tuesday - with many predicting yet another rise later in the year. Seventeen out of 19 said the Reserve Bank would raise the official interest rate to 7 ...
    2008-02-01 12:57:00
  • Mexico's Peso Rises on Bets Fed to Keep Cutting Interest Rates

    Bloomberg - Interest-rate futures show traders see a 72 percent chance that the Fed will cut its lending rate to 2.5 percent from 3 percent on March 18, up from no chance a week ago. Speculators last week raised bets that the Mexican peso will ...
    2008-02-01 02:15:00
  • Mexico's Bolsa Rises on U.S. Rate Cuts, Spending; Bovespa Gains

    Bloomberg - Feb. 1 (Bloomberg) -- Mexico's main stock index posted its biggest weekly gain in more than seven years on expectations that U.S. interest rate cuts and spending on ports and highways at home will boost profits in the Latin American country. ``The U ...
    2008-02-01 02:01:00
  • Asian Stocks Fall for Fifth Week on Growth Concerns; Banks Drop - Bloomberg

    Asian Stocks Fall for Fifth Week on Growth Concerns; Banks DropBloomberg - 51 minutes agoA half-percentage-point interest-rate cut by the US Federal Reserve on Jan. 30 to bolster growth wasn't enough to help the benchmark recover earlier losses. ...
    2008-02-01 05:08:48
  • Job losses spread wide - Marketplace

    Job losses spread wideMarketplace, CA - 47 minutes agoOnly adding to the confusion, the unemployment rate actually dropped slightly, because fewer people were looking for work. Wachovia senior economist Mark ...
    2008-02-01 05:12:18
  • South Korean Firms Buy Oil Fields in USA, Congo - RedOrbit

    South Korean Firms Buy Oil Fields in USA, CongoRedOrbit, TX - 42 minutes agoThe acquisition of the 16 oil fields in the Gulf of Mexico and the M'Boundi field in the Long Congo Basin, pushes up the country's self-sufficiency rate in ...
    2008-02-01 05:17:19
  • Obama criticizes Clinton for her Iraq vote, Clinton seizes on poor ... - China Post

    Obama criticizes Clinton for her Iraq vote, Clinton seizes on poor ...China Post, Taiwan - 41 minutes ago... administration and advertise her own plan, which would include extended unemployment insurance and a 5-year interest rate freeze on subprime mortgages. ...
    2008-02-01 05:18:28
  • Gold futures down on profit booking - Business Standard

    Gold futures down on profit bookingBusiness Standard, India - 40 minutes agoGold futures corrected on Wednesday on profit-booking after hitting an overnight high of $933.30 an ounce, ahead of an announcement on interest rate by the ...
    2008-02-01 05:20:06
  • Market Values Utility Stocks No Longer Such a Haven - New York Times

    Market Values Utility Stocks No Longer Such a HavenNew York Times, United States - 39 minutes agoTheir stocks still trade off interest rates; when rates are low, their comparatively stable dividends make them more attractive. ...
    2008-02-01 05:21:08
  • Mexivada options Jefferson Gold/Silver project to StoneShield Capital - PR Newswire (press release)

    Mexivada options Jefferson Gold/Silver project to StoneShield CapitalPR Newswire (press release), NY - 32 minutes agoUnder the terms of the Option agreement, StoneShield can acquire an initial 51% interest in the Property by incurring a total of US$3500000 in exploration ...
    2008-02-01 05:28:16
  • Employment drops in a pink slip blizzard - Kansas City Star

    Employment drops in a pink slip blizzardKansas City Star, MO - 31 minutes agoWith fears of recession growing, the Fed has gotten much more aggressive - ordering two big interest rate reductions in just over a week. ...
    2008-02-01 05:28:40
  • GM bucks sales decline - Trading Markets (press release)

    GM bucks sales declineTrading Markets (press release), CA - 30 minutes agoGM, like several automakers, seemed hopeful that an economic-stimulus package being considered by Congress, in addition to interest rate cuts by the Federal ...
    2008-02-01 05:29:28
  • Foreign Exhange: Carry Trades - Optionetics

    Foreign Exhange: Carry TradesOptionetics, CA - 30 minutes agoIf we are long on FXADUS, we receive interest on the Australian Dollar at the overnight cash rate and pay interest on the US Dollar at the overnight cash ...
    2008-02-01 05:29:29
  • US Jobs Drop For First Time Since '03 - CNNMoney.com

    US Jobs Drop For First Time Since '03CNNMoney.com - 26 minutes agoIt makes further Federal Reserve interest rate cuts more likely and will step up calls for an economic stimulus plan. "The window of opportunity to avoid a ...
    2008-02-01 05:34:01