Mortgage and Financial News From 2008-1-28 Page 14

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• What that Rate Cut Means for Borrowers - Castro Valley Forum

  What that Rate Cut Means for BorrowersCastro Valley Forum, CA - 3 hours agoBy : Staff : 1/28/08 The unscheduled and dramatic cut in short-term interest rates announced Tuesday by the Federal Reserve will provide immediate relief ...
  2008-01-28 04:36:46

• Dollar falls as traders anticipate rate cut - Telegraph.co.uk

  Dollar falls as traders anticipate rate cutTelegraph.co.uk, United Kingdom - 2 hours ago... the Federal Reserve will again cut interest rates tomorrow. New home sales fell 4.7pc to a 12-year low in December as the impact of the sub-prime crisis ...
  2008-01-28 05:15:12

• Fed risks 'blood on the floor' on rate cuts - Telegraph.co.uk

  Fed risks 'blood on the floor' on rate cutsTelegraph.co.uk, United Kingdom - 2 hours ago... thing at the time of the dotcom collapse, cutting interest rates aggressively and creating conditions where cheap money fuelled the sub-prime crisis. ...
  2008-01-28 05:15:14

• The battle for food, oil and water - Financial Times

  The battle for food, oil and waterFinancial Times, UK - 2 hours agoThe meeting took place against a background of crashing stock markets, panicky interest-rate cuts and a massive bank fraud. The global financial system is ...
  2008-01-28 05:58:24

• Suvarnabhumi must be fixed - Bangkok Post

  Suvarnabhumi must be fixedBangkok Post, Thailand - 2 hours agoThe incoming government has a lot on its plate, and a lot of special-interest groups pushing their pet projects. But for a number of good reasons, Prime ...
  2008-01-28 05:58:46

• Indian stocks decline on weak global cues - Mangalorean.com

  Indian stocks decline on weak global cuesMangalorean.com, India - 1 hour agoWith the US Federal Reserve announcing an interest rate cut of 75 basis points last week, the spread between India and the US has increased, ...
  2008-01-28 06:40:55

• BoT prepared to use interest policy to stimulate economy - Thai News Agency MCOT

  BoT prepared to use interest policy to stimulate economyThai News Agency MCOT, Thailand - 1 hour ago... interest rate by 0.75 per cent and its planned issuance of fiscal measures in the middle of this year showed the sub-prime mortgage woes are critical. ...
  2008-01-28 06:44:19

• Asia stocks up on Wall Street's rebound, rate hopes - Channel News Asia

  Asia stocks up on Wall Street's rebound, rate hopesChannel News Asia, Singapore - 1 hour agoSINGAPORE: Asian share prices rebounded early Tuesday after an overnight rally on Wall Street on growing hopes of another US interest rate cut this week. ...
  2008-01-28 06:56:22

• Thai Stocks Called To Rise [] - RTT News

  Thai Stocks Called To Rise []RTT News, NY - 1 hour agoAlso, there are expectations of another interest rate cut following this week's US Federal Reserve meeting. The market was sharply lower on Monday, ...
  2008-01-28 06:57:17

• Dreaded ‘R’ word gains currency - Manila Standard Today

  Dreaded ‘R’ word gains currencyManila Standard Today, Philippines - 40 minutes agoKozo Yamamoto, head of the ruling Liberal Democratic Party’s monetary policy panel, urged the Bank of Japan to cut its benchmark interest rate, ...
  2008-01-28 07:20:17

• Midwest Banc (MBHI) Reports Fourth Quarter Earnings - CNNMoney.com

  Midwest Banc (MBHI) Reports Fourth Quarter EarningsCNNMoney.com - 33 minutes agoShort-term LIBOR rates, which most of our borrowings are indexed to, lagged decreases in the prime rate. As a consequence of these movements, ...
  2008-01-28 07:26:31

• Stock market: Is the worst over? - Rediff

  Stock market: Is the worst over?Rediff, India - 26 minutes agoThe reasons for the contrarian strategy hinges on the belief that sooner or later, given the rising interest rate differential between interest rates in ...
  2008-01-28 07:33:34

• Cutting Down, Cutting Up Your Credit Cards - MyFox Philadelphia

  Cutting Down, Cutting Up Your Credit CardsMyFox Philadelphia, PA - 10 minutes agoWhen The Fed cuts the funds rate, it triggers a drop in the prime rate. Because most variable-rate credit cards are based on the prime rate, ...
  2008-01-28 07:50:17

• Asia stocks up on Wall Street's rebound, rate hopes (Channel NewsAsia)

  SINGAPORE: Asian share prices rebounded early Tuesday after an overnight rally on Wall Street on growing hopes of another US interest rate cut this week.
  2008-01-28 06:51:13

• MCOT English News : BoT prepared to use interest policy to stimulate economy (MCOT - English News By Thai News Agency)

  BANGKOK, Jan 29 (TNA) – Bank of Thailand Governor Tarisa Watanagase on Monday said the bank was ready to count on using applied interest policy to stimulate the Thai economy now expected to be affected by the looming possibility of a United States economic recession and a consequent slowdown in Thai exports.
  2008-01-28 06:57:09

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