Interest rates must rise to halt inflation, OECD warns The group, led by Pier Carlo Padoan, pictured, downgraded its forecast for British economic growth for this year from 1.5 per cent to 1.4 per cent. Read more on Daily Mail
Tag Archives: rise
Interest rates to rise as QE2 ends, economist warns in Denver
Interest rates to rise as QE2 ends, economist warns in Denver Prepare for higher interest rates as the Federal Reserve ends its program of purchasing U.S. Treasurys next month, warns Wells Fargo Securities chief economist John Silvia. Read more on Denver Post
Emerging-Market Stocks Rise on U.S. Housing Data, Intel’s Sales Forecast
Emerging-Market Stocks Rise on U.S. Housing Data, Intel’s Sales Forecast Emerging-market stocks rose the most in almost five months as better-than-expected U.S. economic data and earnings from companies including Intel Corp. and PSA Peugeot Citroen raised confidence in the global economy. Read more on Bloomberg
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Housing Starts, Permits Rise
Housing Starts, Permits Rise Housing Starts rose in March to a seasonally adjusted annual rate of 549,000, and February was revised much higher. Read more on Zacks.com via Yahoo! Finance
Avg. local, US rate on fixed mortgages rise
Avg. local, US rate on fixed mortgages rise Rates on local mortgages rose this week, while national fixed mortgages were essentially unchanged this week. Local and national average on the 30-year fixed loan stayed below 5 percent. Read more on The Cincinnati Enquirer
Gold Forecaster – If Interest Rates Rise, will Gold go Down and the Dollar Rise?
Gold Forecaster – If Interest Rates Rise, will Gold go Down and the Dollar Rise? So frequently today we rely on economically established perceptions that fail time and again, simply because the conditions in which they were established have changed. One of the economic clichés is that exchange rates will rise if interest rates rise. [...]
Mortgages Rates Rise As Treasury Signals Sell-Off
Mortgages Rates Rise As Treasury Signals Sell-Off Mortgage interest rates reversed course this week, rising as the U.S. Treasury began selling off mortgage-backed securities and investors’ optimism about the U.S. economy overcame concerns about global events. The Treasury announced Monday that it will Read more on Las Vegas Review-Journal
UK interest rates will rise three times in 2011, hints Mervyn King in inflation letter
UK interest rates will rise three times in 2011, hints Mervyn King in inflation letter The Bank of England Governor, Mervyn King, has signalled that interest rates may rise three times before the year is out, hitting 1.25pc by December. Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance
‘Rates rise damages UK economy’
‘Rates rise damages UK economy’ Britain’s prominent economists and politicians warn the Bank of England that raising interest rates too soon would severely damage the economic recovery. Read more on Press TV
Homeowners falling behind on mortgages; repossessions rise
Homeowners falling behind on mortgages; repossessions rise One in 14 property owners with mortgages in the Scranton/Wilkes-Barre/Hazleton metro area was 90 days or more behind on their payments last year, and repossessions hit a high mark. An analysis by real estate data firm Core Logic showed the 90-day delin Read more on The Citizens’ Voice