Aggressive Fed rate cuts carry risks: ECB economist
Story date: 2008-02-29 09:10:00
Added on: 2008-03-01 23:09:46
Globe and Mail - Since September last year, after the crisis of the U.S. sub-prime mortgage sector broke over the summer, the Fed has slashed its Fed Funds rate from 5.25 per cent to 3.0 per cent.
Read more...
Related Stories:
-
Credit crisis: A million Britons struggle to meet mortgage payments
Daily Mail - Nearly 10 per cent have been forced to borrow more or extend their mortgages. And another 10 per cent...
2007-12-16 07:14:00 -
Annual inflation jumps to 5 per cent - News.com.au
INFLATION has hit its highest level since 1995, but it is not expected to stop the Reserve Bank of Australia from cutting...
2008-10-21 10:26:00 -
The spending spree goes on as shoppers shrug off property woes
Times Online - As a result, sales volumes rose by 6.3 per cent over the year to September, the highest rate since...
2007-10-18 03:48:00 -
Time to cut equity exposure?
Globe and Mail - He expects the Bank of Canada to cut interest rates further, to 3 per cent from their current...
2008-01-22 08:15:00 -
Mortgages slump by £30bn, says CML
The Independent - Borrowing for home loans slumped 12 per cent in September, with members of the Council of Mortgage Lenders making...
2007-10-18 03:55:00 -
Only the best customers getting rate deals on loans
Globe and Mail - Mortgage broker Gary Siegle reckons he will be able to find a variable-rate mortgage at about 4.75 per...
2008-03-03 03:55:00 -
Headline inflation rate eases to 2.6 per cent as gasoline prices recede (The Canadian Press via Yahoo! Canada News)
OTTAWA - Sharply falling energy prices took the steam out of inflation last month, cutting the overall rise in Canadians' cost of...
2008-11-21 06:36:00 -
Mortgage lending falls by a record amount - Daily Telegraph
The number of mortgages advanced in September dropped by 42 per cent from the same period a year ago. The Council of...
2008-10-20 10:03:00
