Posts Tagged ‘rate’

Eurozone inflation rate rises to 3 percent

Linda Young – AHN News Writer Brussels, Belgium (AHN) – Inflation in the eurozone rose to 3 percent in September, up from 2.5 percent in August, according to the initial estimate by the European Union statistics agency. That is the highest rate of inflation in the region during the past three years. The spike in [...]

European Central Bank hikes interest rates to 1.5 percent

Vittorio Hernandez – AHN News Frankfurt, Germany (AHN) – The European Central Bank raised on Thursday key lending rates by a quarter point to 1.5 percent. The rate hike aims to curb inflation, said ECB President Jean-Claude Trichet. He hinted of more benchmark rate increases in the future, despite weak economic growth in southern Europe [...]

33 OECD member nations see average unemployment rate drop to 8.1%

Linda Young – AHN News Writer Paris, France (AHN) – The unemployment rate in the 33 OECD member nation countries dropped a little, falling by a 0.1 percentage point from March to 8.1 percent in April. That meant there were 44.1 million jobless workers in OECD countries in April. That number was down by 3.1 [...]

Rate reprieve may not last long

BORROWERS will be spared an interest rate rise tomorrow, but their luck may soon change, economists say. View full post on All Stories

Rates war sends personal loans below 7%

The best rate for a personal loan has dropped below the 7% barrier for the first time since June 2008 View full post on All Stories

Reserve Bank leaves interest rates steady

THE central bank has spared borrowers an interest rate rise, leaving the cash rate at 4.75 per cent in a widely expected move. View full post on All Stories

Borrowers tipped to be spared rate rise

Home borrowers are tipped to be spared an interest rate rise this week but the relief is likely to be shortlived. View full post on All Stories

More credit card borrowers to be denied advertised rate

Millions more people who apply for credit cards and personal loans will be refused the advertised interest rate and offered a less attractive deal under new EU rules that come into effect this week. View full post on All Stories

Spike in eurozone inflation prompts interest rate fears

THE latest increase in inflation sets stressed Irish borrowers on a collision course with booming German manufacturers. View full post on All Stories

Mortgage rates to rise, remain low

First the bad news: That 4.2 percent 30-year fixed mortgage rate some borrowers were lucky enough to snag in November? It’s history. View full post on All Stories

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