”lending rate” News

Fed minutes: officials saw recession's end in Aug.

WASHINGTON – With the economy on the mend, Federal Reserve policymakers last month felt comfortable slowing the pace of one of its economic revival programs and not changing any others, according to documents released Wednesday. Minutes of the 09 3 2009 3:26PM (...more)

Academic: Fed rate boosts should be aggressive

JACKSON, Wyo. – When time comes for the Federal Reserve and other central banks to ward off inflation by boosting interest rates from the current super-low levels, they
08 23 2009 2:01PM (...more)

Fed unlikely, for now, to prescribe new medicine

WASHINGTON – With unemployment likely to hit double digits this year, the Federal Reserve must strike a reassuring message this week: That it stands ready to take further
06 24 2009 2:52AM (...more)

Saudi central bank cuts repo rate

CAIRO, Egypt – Saudi Arabia's central bank on Tuesday cut two key lending rates by 50 basis points, as the kingdom battles the effects of the 12 17 2008 1:32AM (...more)

Fed slows $1.45T program to aid housing market

WASHINGTON – With the economy on the mend, the Federal Reserve on Wednesday said it is slowing the pace of a program to lower mortgage rates and prop up the housing market. The Fed decided to stretch out its goal of
09 24 2009 7:04PM (...more)

Fed policymakers likely to maintain aid programs

WASHINGTON – With the economy starting to rebound but still fragile, Federal Reserve policymakers this week are expected to keep emergency programs to encourage spending and borrowing intact. But to avoid unleashing
09 21 2009 12:30PM (...more)

POLL - Inflation seen at 5.05 pct on Jan 10

MUMBAI (Reuters) – India's annual inflation rate should have fallen to an 11-month low in the second week of 2009 as prices of manufactured goods dropped, a Reuters poll showed on Wednesday. The median forecast of 14 economists was for 5.05 percent rise in the 01 22 2009 3:15AM (...more)

ECB could have wider banking supervisory role: VP Papademos

FRANKFURT (AFP) – European Central Bank vice president Lucas Papademos sees a chance of greater supervision of major cross-border banks by the ECB and national eurozone central banks, a press report said on Monday.
01 6 2009 7:37AM (...more)

ICICI Bank cuts lending rates by 50 bps

MUMBAI (Reuters) – ICICI Bank, India's largest private lender, has cut its main lending rates by 50 basis points from Wednesday, the bank said, joining other lenders
01 1 2009 2:35AM (...more)

ECB chief Trichet does not exclude January rate cut: report

FRANKFURT (AFP) – European Central Bank president Jean-Claude Trichet appeared on Tuesday to allow for a January interest rate cut by stressing
12 31 2008 12:47PM (...more)