Interest rates plunge on Bernanke’s downbeat view Interest rates fell sharply in the Treasury market after Federal Reserve Chairman Ben Bernanke issued a downbeat assessment of the U.S. economy. Bernanke’s comments before Congress Wednesday sent stock prices plunging and Treasury prices sharply higher. The… United States Treasury security – Ben Bernanke – Federal Reserve System [...]
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Lower prices and sales plunge reflect weak housing market
Lower prices and sales plunge reflect weak housing market Auckland’s residential property market is weak, economists say, with the city’s largest estate agency saying sale numbers and prices are down on this time last year.Barfoot & Thompson said the June total of 665 sales was 16 per… Read more on The New Zealand Herald