Mortgage and Financial News From 2007-12-4 Page 01

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  • Fitch Rates Columbus-Franklin County Finance Authority, (Ohio) Bond ...

    Forbes - Fitch Rates Columbus-Franklin County Finance Authority, (Ohio) Bond Fund Revs ... Bondholders of the current series and future bond series issued under the trust ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2007-12-04 02:42:00

  • Christmas Present

    Times Online - The Bank of England, replete with control over interest rates for more than ten years, faces its first serious test. For most of ... It is unfortunate, in the current circumstances, that the Bank of England is mandated only to keep control of inflation ...
    2007-12-04 09:16:00

  • Fitch Rates Philadelphia, Pennsylvania's 2007B $307.3MM GOs 'BBB+'

    Forbes - ... Capital Partners and Public Financial Management, Inc. serve as financial advisor for the current ... with the sale of the series 2007B variable rate bonds, the city will enter into an interest rate swap with Royal Bank of Canada (Fitch rates RBC 'AA ...
    2007-12-04 03:11:00

  • Reserve Bank was 'not happy John'

    News.com.au - The minutes of yesterday's meeting, where it decided to leave interest rates unchanged, will be released on December 18. ... Yeal Cawls thats right, maybe you got confused when Howard and Costello didnt even know the current Interest Rate at the time ...
    2007-12-04 09:09:00

  • Fitch Rates Orange County Sanitation District (California) $300MM ...

    Forbes - ... as service charges are collected on the property taxes bill, competitive rates ... revenues for pay-go projects are somewhat offset by the district's strong current ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2007-12-04 03:47:00

  • UK consumer confidence 'slumps'

    BBC Business - UK consumer confidence has seen its biggest decline in three years during November because of higher interest rates and prices ... Committee Willem Buiter and Sushil Wadhwani were among those calling for borrowing costs to fall from their current level ...
    2007-12-04 10:56:00

  • Spiralling rates raise prospect of ECB action

    Financial Times - ... moral hazard” – the rewarding of unwise behaviour by banks – if the aim was to steer short-term interbank interest rates ... to 2 per cent – the governing council appears far from even considering a cut in the main policy rate from the current ...
    2007-12-04 05:41:00

  • Tesco urges ‘decisive’ interest rate cut

    Financial Times - Tesco on Tuesday called on the Bank of England to cut interest rates in spite of Britain’s biggest retailer appearing ... Tesco will open 7m sq ft of selling space overseas in the current year. The shares fell 3½p to 484¼p. www.ft.com ...
    2007-12-04 05:48:00

  • Big hurdle for US subprime bailout: Who to help?

    Reuters - The plan, spearheaded by Treasury Secretary Henry Paulson, seeks to freeze "teaser" interest rates for homeowners who are current in their payments, but who would default after the rate resets higher. As floated, the plan would exclude those ...
    2007-12-04 01:38:00

  • Polish central banker wants 2-3 rate hikes by mid-2008, in 25 bp moves ...

    FXStreet.com - Rate hikes are needed because the current level of the main interest rates at 5 percent is not sufficient to lower inflation and keep it at the bank's target," Noga told Gazeta Prawna. "We should use our monetary policy instruments rationally and ...
    2007-12-04 11:18:00

  • S.Korean economy to slow, rates seen on hold

    Guardian Unlimited - Economists said the figures appeared to support the case for further rises in interest rates but that turbulent financial ... It said the current account would swing to a deficit of $3.0 billion next year, which would mark the first annual deficit ...
    2007-12-04 10:28:00

  • Australian Central Bank Signals Interest Rate on Hold (Update1)

    Bloomberg - ... slow global economic growth, driving down the nation's currency as investors bet the bank will hold off raising interest rates ... The current stance on monetary policy should be maintained ``for the time being,'' the bank said. The local ...
    2007-12-04 09:45:00

  • Australia's central bank leaves interest rates unchanged

    International Herald Tribune - But in an unprecedented move, the bank published a statement explaining why it left interest rates on hold and also released ... borrowing costs, both of which could have a bearing on inflation over the medium term, it judged that the current stance ...
    2007-12-04 11:18:00

  • Australian Dollar Falls; Central Bank Says Inflation May Slow

    Bloomberg - The local dollar slumped against 15 of the 16 most-actively traded currencies and bonds rose after RBA Governor Glenn Stevens said ``the current stance on monetary policy should be maintained.'' The bank kept interest rates on hold today at 6.75 ...
    2007-12-04 10:42:00

  • Australia's central bank leaves interest rates unchanged at 6.75 percent (AP via Yahoo! Singapore News)

    The Reserve Bank of Australia left a key interest rate unchanged Wednesday following a policy meeting of its board, but issued a statement warning it was "concerned" about inflation.
    2007-12-04 02:54:00

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