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European Central Bank Leaves Interest Rates Steady
the european central bank left interest rates unchanged thursday, even as bank president jean-claude trichet warned of slowing growth amid high inflation and the spreading financial crisis.
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Ecb Drains 193.8 Bln Euros From Overnight Money Markets - Forbes
frankfurt, oct 3 (reuters) - the european central bank said on friday it had drained 193.844 billion euros ($268.6 billion) from euro system money markets on friday, having earlier set a target of as much as 220 billion euros. the ecb said 54 banks ...
www.forbes.com

Fitch Explains Bank Bond Rating Policy - Forbes
fitch ratings now assigns ratings, upon request, to bank bonds, i.e. variable rate demand obligations (vrdos) issued by u.s. municipal entities that have been tendered but not remarketed, and are purchased by the liquidity provider in accordance with ...
www.forbes.com

Central Bank Expected To Maintain Interest Rates
the bangko sentral ng pilipinas (bsp) is expected to keep interest rates unchanged amid perceptions that inflation may have already peaked.
www.gmanews.tv

Cut Interest Rates To Stimulate Economy, Bank Of Canada Advised
julian beltrame, the canadian press october 1, 2008 - 9:48 p.m. ottawa - the bank of canada is being urged to jump into the fray of the financial market meltdown by aggressively cutting interest rates.
www.canadianbusiness.com

Irish C.bank-euro Zone Growth To Remain Weak In '08 - Guardian Unlimited
dublin, oct 3 (reuters) - economic growth in the euro zone is expected to stay weak in the second half of this year and recover gradually over 2009 with inflation set to remain well above target this year, ireland's central bank said on friday. the ...
www.guardian.co.uk

Mpc's David Blanchflower Calls For Immediate Interest Rate Cut - Daily Telegraph
mr blanchflower, traditionally the most dovish member of the mpc by consistently voting for rate cuts, said that urgent action was needed in response to an economic downturn which could lead to unprecedented job losses. "we are a committee of nine ...
www.telegraph.co.uk

Cut Interest Rates To Stimulate Economy, Bank Of Canada Advised
julian beltrame, the canadian press october 1, 2008 - 6:51 p.m. ottawa - the bank of canada is being urged to jump into the fray of the financial market meltdown by aggressively cutting interest rates.
www.canadianbusiness.com

Cut Interest Rates To Stimulate Economy, Bank Of Canada Advised
ottawa - the bank of canada is being urged to jump into the fray of the financial market meltdown by aggressively cutting interest rates.
www.canadianbusiness.com

Boe's Blanchflower Says Uk Rates Must Come Down - Cnbc
london, oct 3 (reuters) - british interest rates need to come down to reflect the deteriorating economic outlook, bank of england policymaker david blanchflower told a regional newspaper. giving an interview with the gloucestershire echo, he ...
www.cnbc.com

European Central Bank Signals First Rate Cut In Five Years - Times Online
the european central bank (ecb) opened the door yesterday to its first cut in interest rates in more than five years, conceding that inflationary dangers have faded as financial turmoil saps the strength of the eurozone economy. the frankfurt ...
business.timesonline.co.uk

European Central Bank Stands Pat On Interest Rates
the european central bank left rates unchanged today, but economists see a shift to an easing bias — and hefty rate cuts to come.
www.investmentexecutive.com

Bank Set To Cut Interest Rates To Prevent Slump
the british economy is probably already in recession and there is a growing consensus among economists that the bank of england will be forced to cut interest rates next week, and possibly before, to prevent the financial crisis triggering a slump. angel gurria, the secretary general of the oecd, the international club of developed economies, said yesterday: "we are facing the worst financial ...
www.independent.co.uk

Poll-australia Cenbank To Cut Rates 50 Bps Next Week - Forbes
sydney, oct 3 (reuters) - australia's central bank is considered almost certain to cut interest rates for a second month at its policy meeting next week, and perhaps by an aggressive half point given the sheer chaos in global markets. a reuters poll ...
www.forbes.com

Fed's Bullard: Don't Cut Rates Back To 1 Percent - Reuters
bloomington, indiana (reuters) - the federal reserve should not cut interest rates again, even though the economy may face recession, a top fed policy-maker said on thursday. "i think lowering interest rates right now, maybe, is not the right ...
www.reuters.com

Trichet Signals Change Of Course On Interest Rates: Analysts
european central bank president jean-claude trichet said the ecb had considered cutting interest rates thursday, signalling a sharp change of course amid unprecedented turmoil on global markets.
news.yahoo.com

Cut Interest Rates To Stimulate Economy, Bank Of Canada Advised
the bank of canada is being urged to jump into the fray of the financial market meltdown by aggressively cutting interest rates. the tight credit environment due to upheaval in the u.s. financial industry has fundamentally altered the outlook for both the global and canadian economies, analysts say.
www.thespec.com

Money-market Rates Climb To Records, Boe Relaxes Funding Rules - Bloomberg
oct. 3 (bloomberg) -- money-market rates jumped to records and the bank of england relaxed borrowing rules for financial institutions as ``extraordinary'' strains deepened the credit freeze. the london interbank offered rate , or libor, that banks ...
www.bloomberg.com

Halifax Slashes Mortgage Range And Raises Rates - Times Online
the uk's largest mortgage lender effectively closed its door to half of all borrowers today by increasing rates and reducing the number of loans available. the halifax said that from 8pm this evening it will only offer two mortgage products for ...
business.timesonline.co.uk

More Bad News Fuels Demand For A Cut In Interest Rates
the bank of england today came under renewed pressure to slash interest rates following another devastating blow to the uk economy.
www.thisislondon.co.uk