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CNN
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The Bank of England cut interest rates by a quarter of a percentage point to 5.25 percent on Thursday, its second cut in three months as it attempts to shore up confidence in Britain's slowing economy. "The prospects for output growth abroad have deterior..
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BBC News
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US interest rates have changed for the first time since mid-2006, reduced from 5.25% to 4.75%, an unforeseen 0.5% cut which shot shares to four year highs.
Analysts had expected the Federal Reserve to cut rates 0.25% to prevent a housing market downtur..
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CNN
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The European Central Bank has decided to hold its key interest rate steady at three and three-quarters percent. The decision comes as euro countries see economic growth and falling unemployment.
Analysts believe a rate increase is still to come in May..
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BusinessWeek
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Inflation is running above the levels that Bernanke has targeted, but he's holding off on hiking rates because of the risks
Imagine you're driving a car with a blacked-out windshield and a loose steering wheel. Now imagine that your car is the $13 tril..
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Denver Post
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One out of three mortgages made during the past three years with "teaser" interest rates below 4 percent are expected to go into foreclosure because of rising payments, according to a study Tuesday from FirstAmerican CoreLogic.
Overall, CoreLogic estim..
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USA Today
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Richard DeKaser predicts that the Federal Reserve will keep interest rates unchanged all year. But after that, it's anyone's guess.
While the economy has slowed, a situation that could point to an interest rate cut, "We've got a war on inflation that's..
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Yahoo News
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The median price of a new home plunged in September by the largest amount in more than 35 years, even as the pace of sales rebounded for a second month...
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BusinessWeek
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Though rates have dropped dramatically, some online banks are offering as much as 3.5% for savings accounts. It pays to look around
Peter Profesda admits he's a rate-chaser. The teacher of computer classes at a two-year college in New York spends a few..
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BusinessWeek
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Financial institutions the world over use Libor—short for the London interbank offered rate—to set the interest paid on everything from mortgage loans to complex financial instruments. But now questions are being raised about whether the rate has been..
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CNN
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The dollar dipped below 100 yen for the first time in 12 years Thursday amid growing worries about a U.S. economic slowdown and expectations for lower U.S. interest rates. The dollar also fell to record lows against the euro, which rose above $1.5625 mid-..
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MSNBC
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A lot of readers have been wondering why mortgage rates are jumping — even as the Federal Reserve is busy cutting interest rates. This week, Fed Chairman Ben Bernanke makes a special guest appearance at the Answer Desk to help explain what’s going on...
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MSNBC
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Rates on 30-year mortgages rose for a third straight week, hitting the highest level in more than three months.
Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.24 percent this week, up from 6.04 percen..
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BBC News
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The Bank of Japan's rate-setting committee has voted unanimously to keep interest rates on hold at 0.5%, in a widely expected move.
Despite data on Thursday showing strong economic growth in the last quarter of 2007, analysts said the bank was concerne..
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BusinessWeek
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Bank of America abruptly notified cardholders in good standing their rates would skyrocket if they didn't opt out fast. Is BofA greedy or needy?
Credit-card issuers have drawn fire for jacking up interest rates on cardholders who aren't behind on payme..
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MSNBC
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With the economy falling apart, the Federal Reserve is in the middle of a campaign to cut interest rates and help get things moving again. But the Fed is also in charge of keeping a lid on inflation — something that usually requires raising rates. But w..
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BBC News
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The European Central Bank (ECB) has left interest rates unchanged at 4%.
High oil prices and an increase in the cost of food have buoyed inflation in the eurozone at a time when economic growth is seen slowing.
The ECB has said inflation remains a p..
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BusinessWeek
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Unable to tap home equity, strapped consumers are using plastic. Trouble is, many are having trouble making monthly payments
After a gloomy holiday season hobbled by rising unemployment and fears of a recession, the bad news just keeps coming for cash-..
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CNN
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The Bank of England held interest rates steady at 5.5 percent on Thursday, resisting calls for a cut amid mounting signs of Britain's slowing domestic economy. The European Central Bank also left its key interest rate unchanged at 4 percent Thursday amid..
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BBC News
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The European Central Bank has allocated 348.67bn euros to banks at a below-market rate in a refinancing move to ease tightened credit markets.
It is one of five central banks that have injected billions in emergency cash into money markets.
The aim..
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MSNBC
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The plan targets a looming crisis. Many subprime mortgages came with so-called teaser rates—interest rates that start out low but quickly reset to become significantly higher. Many of those loans—more than $350 billion worth, in fact—are going to re..
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