Submit a Story!
Reserve Bank of Australia lifts rates again
" I remember seeing data showing that once central banks start raising rates, they continue to do so for months. They do not raise rates one month, then lower them the next and then reverse course. Does anyone have the data? This makes me suspect that rates are due to go higher globally rather ...
Comments
Related Content
Australia raises rates from 49
ft.com 10/6/2009 — Australia raises rates from 49-year low By Peter Smith in Sydney and Peter Garnham in London Published: October 6 2009 05:53 | Last updated: October 6 2009 10:11 Australia on Tuesday became the first G20 nation to raise interest rates since the onset ...
RAISING INTEREST RATES DOWN UNDER: THE NEW NEW THING?
capitalspectator.com 10/6/2009 — Someone had to be first. It turns out that it's Australia. The Reserve Bank of Australia raised its benchmark cash rate by 25 basis points to 3.25%. No longer are rates at a half-century low down under. "Economic conditions in Australia have been ...
Rates to Remain Near Zero
dailyreckoning.com 11/5/2009 — With interest rates remaining at near zero levels here in the US, I thought it to be appropriate to pull out this new nickname for Big Ben… “Zimbabwe Ben”…
E.U. Lifts Growth Forecast for 2010
nytimes.com 11/3/2009 — PARIS — The European Union said Tuesday that the 27-nation bloc would be out of recession by the end of the year, and it revised its forecast for economic growth in 2010 upward. But it also warned that rising unemployment would keep the recovery in ...
: Bond-market rout lifts mortgage cost
hf-implode.com 6/5/2009 — The Federal Reserve announced a $1.2 trillion plan three months ago designed to push down mortgage rates and breathe life into the housing market. But this and other big government spending programs are turning out to have the opposite effect. Rates for mortgages and U.S. Treasury debt are ...
Australia Cuts Jobs as Stimulus Wanes, Easing Pressure on Rates
bloomberg.com 9/12/2009 — Sept. 10 (Bloomberg) -- Australian employment fell in August by almost twice as much as economists estimated, driving down the nation’s currency on expectations the central bank won’t raise interest rates anytime soon. The number of people employed ...
Australia Rate Rise Poses a Global Policy Challenge
online.wsj.com 10/6/2009 — Australia on Tuesday became the first Group of 20 country to raise interest rates since the start of the financial crisis, setting the stage for a market-rattling divergence among the world's central banks. Nations such as Australia, Israel, Norway ...
FHA HOME LOAN RATES OCTOBER 16 – MORTGAGE RATES FALL
hf-implode.com 10/17/2009 — " FHA home loan rates for October 16th, 2009 are falling as the week concludes. The conventional 30 year fixed mortgage rate is at 4.86% and the 15 year fixed mortgage rates is at 4.34%. The 5/1 ARM is actually going the other direction and is up to 3.91%. FHA home loan rates are generally .5% ...
Why keep long rates low?
tvhe.co.nz 4/27/2009 — Bank economists are saying that we should aim to keep “long-term” rates low - through the RBNZ committing to a future path of the OCR for the next 3-5 years at a low rate. At first brush we could be cynical and say this appears to be in their interest - the OCR does determine ...
Reserve Bank of Australia - Home Page
rba.gov.au 3/18/2009 — Welcome to the website of Australia's central bank. Information about the RBA , including its monetary policy and other functions, can be accessed through the menu at left. LATEST NEWS 20 March 2009 Statement of Liabilities and Assets 19 March 2009 ...
U.K. Wants Big Bank DivestmentsWSJ.com: What's News US 11/1/2009
The U.K.'s top treasury official said the government is starting a process to rebuild the country's banking system, likely pressing major divestments from institutions and trying to attract new retail banks to the market.
Bank Crackdown Draws CriticismWSJ.com: What's News US 11/5/2009
Politicians are putting pressure on regulators to go easy on small community banks across the U.S., a move some say could increase the cost of cleaning up the financial crisis.
New banking measures: Chipped, not brokenThe Economist: Full print edition 11/5/2009
The latest chapter in the banking rescue is less novel than it seems JUST over a year ago, as Britain’s banking system suffered a near-death experience, the government resuscitated it with an emergency infusion of capital. This week Alistair ...
New Era of U.K.-Bank Competition?WSJ.com: What's News US 11/6/2009
Generating greater retail-banking competition in the U.K. may be more difficult than expected, despite moves intended to lure new competitors to the market.
New Era of U.K.-Bank Competition?WSJ.com: What's News US 11/6/2009
Generating greater retail-banking competition in the U.K. may be more difficult than expected, despite moves intended to lure new competitors to the market.