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Fed has not lowered interest rates enough: Kocherlakota
3 days ago - Reuters - May 17, 2013 3:25 PM
CHICAGO (Reuters) - The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low inflation and overly high unemployment over the next two to three
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UPDATE 1-Fed has not lowered interest rates enough: Kocherlakota
3 days ago - Reuters - May 17, 2013 3:22 PM
CHICAGO, May 17 (Reuters) - The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low...
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Fed has not lowered interest rates enough: Kocherlakota
3 days ago - Fox Business - May 17, 2013 1:46 PM
The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low inflation and overly high unemployment over the next two to three years.
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Fed has not lowered interest rates enough: Kocherlakota
3 days ago - Reuters - May 17, 2013 1:44 PM
CHICAGO, May 17 (Reuters) - The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low...
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Euribor rates ease in anticipation of lower ECB rates
3 days ago - Reuters - May 17, 2013 5:17 AM
FRANKFURT, May 17 (Reuters) - Euribor bank-to-bank lending rates fell on Friday as investors geared up for more monetary easing by the European Central Bank following weak economic data. Falling prices in Germany and France pulled euro zone consumer
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6
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Société Générale Executive Arrested in Russia
5 days ago - NY Times - May 15, 2013 3:03 PM
The Ministry of the Interior said the executive, Vladimir Golubkov, solicited a $1.5 million bribe to facilitate a loan and provide lower interest rates and other favorable terms.
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South Korea ETF Lower After Rate Cut
5 days ago - Seeking Alpha - May 14, 2013 4:43 PM
By Tom Lydon: The South Korea ETF has traded lower in the wake of an interest-rate cut from the Bank of Korea. The central bank lowered benchmark rates in a surprise bid to boost an economy heavily reliant on exports.The iShares MSCI South Korea Capp
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STOCKS NEWS THAILAND-Buy banks on dips, long term outlook promising-CIMB
6 days ago - Reuters - May 14, 2013 4:37 AM
CIMB Securities advised investors to use any weakness in banks' share prices, caused by lower interest rates, as an opportunity to build positions in view of the sector's solid operating outlook.
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Japan Corporate Bond Issuance Jumps
6 days ago - WSJ - May 14, 2013 4:36 AM
Japanese companies issued the most bonds in three years last month, many believing that the central bank's massive monetary stimulus means interest rates almost certainly can't go any lower.
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7
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Japanese Yields Surge
7 days ago - WSJ - May 13, 2013 12:31 PM
Japanese government-bond prices tumbled across the board for a second straight session Monday, bucking the central bank's aim of using huge purchases of bonds to lower interest rates and spur investment.
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Freddie Mac sells $3.5 bln bills at lower rates, mixed demand
7 days ago - Reuters - May 13, 2013 10:07 AM
May 13 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, on Monday said it sold $3.5 billion of reference bills at lower rates and mixed demand compared with the most recent sales of similar maturities and comparable amounts.
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Freddie Mac sells $3.5 bln bills at lower rates, mixed demand
7 days ago - Reuters - May 13, 2013 10:07 AM
May 13 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, on Monday said it sold $3.5 billion of reference bills at lower rates and mixed demand compared with the most recent sales of...
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Freddie Mac sells $3.5 bln bills at lower rates, mixed demand
7 days ago - Reuters - May 13, 2013 10:07 AM
May 13 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, on Monday said it sold $3.5 billion of reference bills at lower rates and mixed demand compared with the most recent sales of similar maturities and comparable amounts.
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2
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Vietnam Cuts Rates
1 week ago - WSJ - May 11, 2013 7:21 AM
The State Bank of Vietnam will cut three policy rates from Monday, as easing inflation gives the government room to lower companies' borrowing costs and get more money flowing through the economy.
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Polish Pekao Q1 profit down 6 pct on lower interest rates
1 week ago - Reuters - May 10, 2013 1:42 AM
WARSAW, May 10 (Reuters) - Pekao, Poland's No.2 lender, reported 6-percent drop in earnings in the first quarter on Friday, hurt by an economic slowdown and lower interest rates that weighed on its income, although the bottom line was touch above exp
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Sen. Warren Introduces Bill To Lower Rates On Student Loans To .75% For One Year
1 week ago - The Consumerist - May 9, 2013 4:04 PM
While commercial and personal borrowers are currently enjoying historically low interest-rates on loans, and big banks are able to obtain loans at less than one percent interest, student borrowers have had to fight against lawmakers looking to raise
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India Drops Rates 25 BP
2 weeks ago - Seeking Alpha - May 9, 2013 9:10 AM
By Hale Stewart: I've written previously that I'm bearish on the Indian economy (see here and here). India has numerous problems -- an incredibly poor infrastructure, aterribly bloated and inefficient government, lower overall growth andhigh inflatio
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Fannie Mae sells $2 bln bills at lower rates
2 weeks ago - Reuters - May 8, 2013 9:54 AM
May 8 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $2.0 billion of benchmark bills at lower interest rates compared with last week's sale of similar...
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FOREX-Euro edges higher on German data, but gains seen short-lived
2 weeks ago - Reuters - May 7, 2013 12:06 PM
* German industrial orders data pushes euro higher * Gains seen temporary as ECB ready to lower rates * Australian dollar drops after RBA cuts cash rate * Yen gains vs dollar and euro By Gertrude...
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FOREX-Euro recovers after German data, but gains seen limited
2 weeks ago - Reuters - May 7, 2013 9:44 AM
* German industrial orders data pushes euro higher * Gains seen temporary as ECB ready to lower rates * Australian dollar drops after RBA cuts cash rate By Gertrude Chavez-Dreyfuss NEW YORK, May 7...
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7
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Surprising German Factory Orders Bounce Offset ECB Attempts To Jawbone Euro Lower
2 weeks ago - ZeroHedge - May 7, 2013 6:57 AM
The euro continues to not get the memo. After days and days of attempted jawboning by Draghi and his marry FX trading men, doing all they can to push the euro down, cutting interest rates and even threatening to use the nuclear option and push the de
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4
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Australian shares pare losses after rate cut, NZ hits record closing high
2 weeks ago - Reuters - May 7, 2013 2:31 AM
SYDNEY, May 7 (Reuters) - Australian shares ended 0.2 percent lower on Tuesday after the central bank decided to cut rates, spurring a modest recovery in financials from the day's lows, while New...
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Australian shares pare losses after rate cut, NZ hits record closing high
2 weeks ago - Reuters - May 7, 2013 2:31 AM
SYDNEY, May 7 (Reuters) - Australian shares ended 0.2 percent lower on Tuesday after the central bank decided to cut rates, spurring a modest recovery in financials from the day's lows, while New...
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Australian shares recover but still finish down after rate cut
2 weeks ago - Reuters - May 7, 2013 2:20 AM
SYDNEY, May 7 (Reuters) - Australian shares ended 0.2 percent lower on Tuesday after the central bank decided to cut rates, spurring a modest recovery in financials from the day's lows.
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Australian shares recover but still finish down after rate cut
2 weeks ago - Reuters - May 7, 2013 2:20 AM
SYDNEY, May 7 (Reuters) - Australian shares ended 0.2 percent lower on Tuesday after the central bank decided to cut rates, spurring a modest recovery in financials from the day's lows.
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Australia cuts rates, sending Aussie dollar lower
2 weeks ago - MarketWatch - May 7, 2013 1:17 AM
The Reserve Bank of Australia cuts its policy rate, surprising economists and sending the Australian dollar lower.
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7
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Fix Europe by fixing small businesses
2 weeks ago - CNN Money - May 6, 2013 11:38 AM
The European Central Bank's move to lower interest rates won't be enough to help the small and medium-sized businesses that drive the economy in many regions.
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ECB's Coeure Says Rates Can Go Lower
2 weeks ago - CNBC - May 6, 2013 4:33 AM
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9
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Norway proposes increasing energy taxes
2 weeks ago - FT - May 5, 2013 8:27 AM
Stoltenberg plans to lower amount hydrocarbon groups can write down on investments and cut corporate tax rates for other groups from 28% to 27%
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5
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ECB Sugar Hit Doesn't Change Euro's Long-Term Challenges
3 weeks ago - Bloomberg Opinion - May 2, 2013 10:36 AM
The European Central Bank has giventhe euro a boost with its moves to lower interest rates and getcredit flowing throughout the monetary union. We hope Europe’sleaders won’t let the sugar high distort their view of themonumental changes s
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Asian shares fall on fears for health of world economy
3 weeks ago - Reuters - May 1, 2013 11:25 PM
TOKYO (Reuters) - Growing doubts over the health of global economies pushed Asian shares lower on Thursday, adding to investor caution before the European Central Bank meeting later in the day that could see interest rates cut to support growth.
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UPDATE 1-Humana doubles profit and raises 2013 view, but 2014 uncertain
3 weeks ago - Reuters - May 1, 2013 6:42 AM
May 1 (Reuters) - Humana Inc said Wednesday that its first-quarter profit rose beyond its expectations, but the health insurer expressed uncertainty about its outlook for 2014, when lower U.S. government rates for private Medicare insurance take effe
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UPDATE 1-Humana doubles profit and raises 2013 view, but 2014 uncertain
3 weeks ago - Reuters - May 1, 2013 6:42 AM
May 1 (Reuters) - Humana Inc said Wednesday that its first-quarter profit rose beyond its expectations, but the health insurer expressed uncertainty about its outlook for 2014, when lower U.S. government rates for private Medicare insurance take effe
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Humana profit rises, but company uncertain about 2014
3 weeks ago - Reuters - May 1, 2013 6:18 AM
May 1 (Reuters) - Humana Inc said Wednesday that first-quarter profit rose beyond its expectations, but the health insurer expressed uncertainty about its outlook for 2014, when lower U.S. government rates for private Medicare insurance go into effec
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Humana profit rises, but company uncertain about 2014
3 weeks ago - Reuters - May 1, 2013 6:18 AM
May 1 (Reuters) - Humana Inc said Wednesday that first-quarter profit rose beyond its expectations, but the health insurer expressed uncertainty about its outlook for 2014, when lower U.S. government rates for private Medicare insurance go into effec
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Humana profit rises, but company uncertain about 2014
3 weeks ago - Reuters - May 1, 2013 6:18 AM
May 1 (Reuters) - Humana Inc said Wednesday that first-quarter profit rose beyond its expectations, but the health insurer expressed uncertainty about its outlook for 2014, when lower U.S. government rates for private Medicare insurance go into effec
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MARKET TALK: Itau Sees Lower Default Rate, Loan Provisions
3 weeks ago - Fox Business - Apr 30, 2013 11:35 AM
11:20 EDT - Itau Unibanco Holding (ITUB) is expecting further cuts in provision charges and lower default rates this year, after it adopted a more conservative strategy to extend credit lines, bank's Comptroller Rogerio Calderon says on a conference
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New Mexico tax race stirs debate
3 weeks ago - FT - Apr 30, 2013 9:34 AM
State governor Susana Martinez is trying to attract and retain investment but critics say lower rates will hit working families while multinationals gain
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Deutsche Boerse Q1 dented by lower trading volatility
3 weeks ago - Reuters - Apr 29, 2013 1:00 PM
FRANKFURT, April 29 (Reuters) - Deutsche Boerse said quarterly earnings before interest and taxes (EBIT) fell to 192.0 million euros ($251.52 million) after low interest rates and reduced equity market volatility dented revenue.
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How Long Will Both Stocks And Treasuries Keep Climbing?
3 weeks ago - Seeking Alpha - Apr 28, 2013 5:38 AM
By David Fabian:Throughout history, we have generally witnessed periods of time where economic prosperity lifts stock prices, which conversely puts downward pressure on interest rates and sends Treasury bonds lower. Then the cycle reverses and we see
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STOCKS NEWS THAILAND-Property shares up on earnings, interest rate hopes
3 weeks ago - Reuters - Apr 26, 2013 12:33 AM
Shares in property firms advanced 1 percent, outperforming a 0.3 percent gain in the broader SET index , amid expectations of strong first-quarter earnings and hopes of lower interest rates.
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UPDATE 2-Expedia warns of lower Hotwire profit
3 weeks ago - Reuters - Apr 25, 2013 6:33 PM
* Cites weakness in Hotwire due to higher rental car rates, competition
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Fannie Mae sells $500 mln bills at lower rates
4 weeks ago - Reuters - Apr 24, 2013 9:54 AM
April 24 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $500 million of benchmark bills at lower interest rates compared with last week's sale of similar...
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Portugal unveils measures to boost growth
4 weeks ago - FT - Apr 23, 2013 5:45 PM
Portugal’s government plans to lower company tax rates ‘significantly’ as part of a wider plan of incentives to drag the economy out of recession
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How To Invest For The 'Mother Of All Debt Crises'
4 weeks ago - Seeking Alpha - Apr 23, 2013 4:47 AM
ByRobert Wagner:Recently I wrote an article about how to invest for the coming unwind of the Federal Reserve's balance sheet. It made the case that with interest rates this low, the probability of interest rates going higher vs lower was skewed towar
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Freddie Mac sells $3.5 bln bills at lower rates
4 weeks ago - Reuters - Apr 22, 2013 10:08 AM
April 22 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, on Monday said it sold $3.5 billion of reference bills at lower rates and mixed demand compared with the most recent sales of similar maturities and comparable amounts.
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Freddie Mac sells $3.5 bln bills at lower rates
4 weeks ago - Reuters - Apr 22, 2013 10:08 AM
April 22 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, on Monday said it sold $3.5 billion of reference bills at lower rates and mixed demand compared with the most recent sales of similar maturities and comparable amounts.
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Freddie Mac sells $3.5 bln bills at lower rates
4 weeks ago - Reuters - Apr 22, 2013 10:08 AM
April 22 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, on Monday said it sold $3.5 billion of reference bills at lower rates and mixed demand compared with the most recent sales of...
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BinckBank Q1 adjusted profit misses forecasts
4 weeks ago - Reuters - Apr 22, 2013 1:50 AM
AMSTERDAM, April 22 (Reuters) - Dutch online bank and broker BinckBank reported a worse-than-expected first-quarter adjusted net profit on Monday, citing low interest rates, lower margins, and additional operational costs.
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7
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PNC's Profit Up 26%; Executives Warn About Year Ahead
1 month ago - Fox Business - Apr 17, 2013 3:57 PM
PNC Financial Services Group Inc.'s (PNC) first-quarter earnings rose 26% and beat analyst expectations, but its management warned lower loan demand and pressure from low interest rates will catch up with the Pittsburgh lender.
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