Mortgage and Financial News From 2007-10-5 Page 11

RSS Feed

Previous Day: 2007-10-04

Return to the mortgage news archive home.

  • Norwegian govt sees future interest rate rises as less than previously ...

    Forbes - OSLO (Thomson Financial) - The Norwegian government said on Friday its future interest rate rises would be less than previously forecast, as earlier rate hikes have started to slow economic growth. The key rate -- or sight deposit rate -- was raised ...
    2007-10-05 03:32:00
  • ALL BUSINESS: Investors need a reality check in counting on financial ...

    CNBC - NEW YORK - The sugar rush that the Federal Reserve gave the stock market with a larger-than-expected interest rate cut surely has gone to investors' heads. It's time for a reality check. Share purchasers seem to be betting that most of the bad news ...
    2007-10-05 10:05:00
  • Strong U.S. jobs data boosts stocks, dollar

    Reuters - LONDON (Reuters) - Stocks and the dollar rallied on Friday, while government bonds and interest rate futures tumbled after higher-than-expected U.S. jobs data eased concerns about the impact of the credit squeeze on the economy and profits. The world ...
    2007-10-05 09:51:00
  • Sept jobless rate hits lowest since 1974

    Reuters Canada - OTTAWA (Reuters) - Canada's unemployment rate unexpectedly fell to a 33-year low of 5.9 percent in September and wages rose 4.1 percent year-on-year, suggesting that the central bank has little reason to cut interest rates despite still lingering ...
    2007-10-05 10:05:00
  • Recession fears ease

    MSNBC - September jobs report eases recession fears But growth casts doubt on expectations for further Fed interest rate cuts
    2007-10-05 09:44:00
  • Swaption Volatility Falls as Jobs Data Dim Odds of Fed Easing

    Bloomberg - Oct. 5 (Bloomberg) -- Volatility on options for U.S. interest-rate swaps fell after a government report showed U.S. employment grew more than forecast last month, reducing the likelihood of a Federal Reserve interest-rate cut. So-called normalized ...
    2007-10-05 09:58:00
  • Bank of Canada injects C$420 mln to add liquidity

    Reuters - OTTAWA, Oct 5 (Reuters) - The Bank of Canada injected C$420 million ($429 million) in overnight money into the markets on Friday to lower the overnight interest rate toward the central bank's target and improve liquidity. The bank intervened ...
    2007-10-05 12:21:00
  • Goldilocks Eats Bears' Porridge

    Street.Com - Friday's report that the U.S. added 110,000 jobs last month emboldened bulls. Stocks rallied, reflecting investors' belief that the Federal Reserve's interest rate policy "threaded the needle" and kept the economy growing without spurring inflation ...
    2007-10-05 11:10:00
  • U.S. jobless rate rises slightly

    Los Angeles Times - Last month, worrisome economic signals led the Federal Reserve to cut a key interest rate by a larger-than-expected one-half percentage point. Today, Fed Vice Chairman Donald Kohn indicated the central bank would continue to take a "nimble" approach ...
    2007-10-05 08:18:00
  • Euro recovers from 2-week low against dollar as U.S. jobless rate hits ...

    CNBC - Federal Reserve Bank last month to cut its benchmark interest rate by more than expected to 4.75 percent in reaction to the U.S. subprime credit debacle. But the dollar found support as sentiment leaned toward the September results being better than ...
    2007-10-05 08:40:00
  • Consumer confidence rebounds lifted by Fed rate cut, easing of Wall ...

    International Herald Tribune - WASHINGTON : Confidence in the economy revived as the Federal Reserve's bold interest-rate cut and less turmoil on Wall Street made people feel better about the country's prospects of surviving a painful credit crunch and housing slump. The RBC Cash ...
    2007-10-05 07:14:00
  • Unemployment rate rises to highest point in year

    Houston Chronicle - To cushion the economy and bolster confidence, Federal Reserve Chairman Ben Bernanke and his colleagues last month sliced a key interest rate by one-half percentage point to 4.75 percent. It was the first rate cut in more than four years. Policymakers ...
    2007-10-05 09:44:00
  • Oil Falls After U.S. Payroll Gain Reduces Chances of Rate Cut

    Bloomberg - Oct. 5 (Bloomberg) -- Crude oil fell after a report today showed that U.S. employers added more jobs in September than economists had anticipated, reducing the likelihood of a Federal Reserve interest-rate cut to sustain economic growth. Crude oil ...
    2007-10-05 11:53:00
  • Traders pare Fed rate-cut view after Sept payrolls

    Reuters - NEW YORK (Reuters) - U.S. interest rate futures fell on Friday as traders pared expectations for further monetary policy easing by the Federal Reserve after data showed improvement in the U.S. labor market in September. Rate futures suggested that ...
    2007-10-05 09:23:00
  • Norwegian govt sees future interest rate rises as less than previously expected (The Forex Market)

    OSLO (Thomson Financial) - The Norwegian government said on Friday its future interest rate rises would be less than previously forecast, as earlier rate hikes have started to slow economic growth.
    2007-10-05 02:59:55