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 [...]
Posts Tagged ‘rate’
European Central Bank hikes interest rates to 1.5 percent
July 9th, 2011
admin 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%
June 15th, 2011
admin 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
April 4th, 2011
admin BORROWERS will be spared an interest rate rise tomorrow, but their luck may soon change, economists say. View full post on All Stories
Reserve Bank leaves interest rates steady
March 1st, 2011
admin 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
February 27th, 2011
admin 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
February 3rd, 2011
admin 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
February 1st, 2011
admin 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
January 31st, 2011
admin 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

Posted in
Tags: