Mortgage and Financial News From 2007-11-4 Page 14

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  • AP Business NewsBrief at 8:02 a.m. EST

    CNBC - NEW YORK (AP) _ Prospects for a year-end rally dimmed this past week right along with the chances of another interest rate cut, and that has investors wondering if the bull market can be saved. Investors enter November with some considerable doubts ...
    2007-11-04 04:55:00

  • Economists say rate cut might be last one for a while

    Wausau Daily Herald - The Federal Reserve's decision this week to cut a key interest rate for the second time in six weeks might be the last such move for a while, economists say. The cut was prompted by the continuing housing slump that is threatening to drag the U.S ...
    2007-11-04 02:03:00

  • Low-tax savings accounts plan by Labor

    News.com.au - The announcement came as Labor geared up for a likely interest rate rise, which would focus further attention on the Government's record on monetary policy. Mr Rudd said that under the planned savings scheme, which would increase national savings by ...
    2007-11-04 06:07:00

  • Turkish inflation rate rises, damping rate cut hopes

    Tehran Times - Turkish inflation rate rises, damping rate cut hopes Turkish inflation unexpectedly accelerated in October as drought drove up food prices, damping expectations of further central bank interest-rate cuts this year. The annual consumer inflation rate ...
    2007-11-04 03:22:00

  • Rocky road to higher interest

    The Australian - A quick check of the Reserve Bank's past four interest rate rise announcements would have informed Howard that the "underlying" inflation rate is much more important than the CPI in setting monetary policy. It took Howard 10 days to put himself on ...
    2007-11-04 05:45:00

  • Asia Stocks Week Ahead - Resurgent credit worries dent bull run

    Reuters India - ... broker downgrades of U.S. banking giant Citigroup were a rude awakening for investors who had hoped the end of the U.S. subprime mortgage crisis may be near, sending Asian stocks down on Friday and erasing the positive effects of a U.S. interest rate ...
    2007-11-04 07:25:00

  • PetroChina expected to surpass Exxon Mobil as largest company

    International Herald Tribune - After decades where low-interest-rate-bearing accounts in state-owned banks were virtually the only outlet for savings, the soaring stock market has become irresistible to a new generation of Chinese. "There is an accumulated desire to invest," said ...
    2007-11-04 06:50:00

  • Qatar says will not automatically track Fed moves

    Reuters - DOHA (Reuters) - Qatar, one of five Gulf oil producers that pegs its currency to the dollar, said on Sunday it would only track future U.S. Federal Reserve interest rate moves if they suited conditions in its domestic market. Qatar, Saudi Arabia ...
    2007-11-04 01:45:00

  • Smart money is on rate increase

    The Australian - THE local stock market is poised for a firmer start to the week after Friday's 2 per cent rout, with positive US economic news overshadowing an almost inevitable official interest rate rise on Wednesday. Almost to a person, economists agree that the ...
    2007-11-04 06:57:00

  • Another bumpy week

    Chicago Sun-Times - Friday's session ended a week made turbulent not only by bad news from the financial sector but also by spiking commodity prices and comments from the Federal Reserve that it might be less generous with interest rate cuts in coming months. A highly ...
    2007-11-04 01:49:00

  • Shares set for wild ride

    News.com.au - But Commsec chief economist Craig James said an interest-rate rise was far from "a lay- down mesire". "(Reserve Bank) Governor (Glenn) Stevens has again stressed that it takes a while for the full effects of interest-rate changes to be felt across the ...
    2007-11-04 05:52:00

  • Fixed rates a losing bet

    News.com.au - Chances are your efforts to outmaneuver the Reserve Bank of Australia's rate rises have cost you thousands of dollars in extra interest. According to new research, a massive 83 per cent of those with fixed rate home loans have ended up worse off than ...
    2007-11-04 05:52:00

  • Fed rate cut fails to pacify Wall St.

    Philadelphia Inquirer - NEW YORK - Prospects for a year-end rally dimmed last week along with the chances of another interest-rate cut, and that has investors wondering if the bull market can be saved. Investors enter November with some considerable doubts about corporate ...
    2007-11-04 12:55:00

  • Australia Faces Interest Rate Pressure, Howard Says (Update1)

    Bloomberg - Nov. 4 (Bloomberg) -- Australia's economy is growing strongly in a global environment that puts pressure on inflation and interest rates, Prime Minister John Howard said, just days before the central bank is expected to raise borrowing costs. ``We ...
    2007-11-03 11:00:00

  • Howard campaign has stalled

    News.com.au - JOHN Howard's re-election campaign has almost fatally stalled as the Coalition braces for the fallout from a looming interest rate rise. An exclusive Courier-Mail /Galaxy poll taken over the weekend shows the Coalition has not made up ground on Labor ...
    2007-11-04 05:38:00

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