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 [...]
Posts Tagged ‘rates’
European Central Bank hikes interest rates to 1.5 percent
July 9th, 2011 
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Posted in News 
Tags: AHN, Bank, benchmark rate, Central, collateral requirements, credit default swaps, ECB, ecb president, European, Germany, Greece, hikes, interest, Ireland, Italy, national budget deficits, percent, Portugal, rate, rates, southern Europe, Spain, Trichet 
Comments OffEuropean Central Bank leaves interest rates alone for now while signaling increase coming soon
June 9th, 2011 admin Linda Young – AHN News Writer Brussels, Belgium (AHN) – The president of the European Central Bank president made comments that indicate eurozone interest rates could go up next month. The ECB announced Thursday that for the time being interest rates would hold steady at 1.25 percent. At the same time he made that announcement, [...]
Posted in News Tags: alone, Bank, brussels belgium, Central, coming, commodity prices, currency traders, European, Increase, interest, jean claude trichet, leaves, linda young, rates, signaling, soon Comments OffRates war sends personal loans below 7%
March 5th, 2011 admin 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
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
Mortgage rates hit 10 month high: economic recovery takes hold
February 13th, 2011 admin Stomp. Stomp. Stomp. That was the sound mortgage brokers and borrowers heard this week as interest rates on home loans marched inexorably upward. 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
Double-digit lending rates are back
January 13th, 2011 admin Loan rates for retail borrowers as well as op-rated companies have crossed 10 per cent, with the cost of funds having risen in the past three months due to the liquidity crunch that banks have been facing. View full post on All Stories
Posted in News Tags: 'cost, Back, borrowers, cent, Crunch, Doubledigit, lending, liquidity, loan, loan rates, rates, three months Comments OffCutting banks’ profits will push up rates
December 14th, 2010 admin A top banking analyst has told the Senate inquiry on banking competition that measures that cut banks’ profits may push interest rates up for borrowers. View full post on All Stories
Posted in News Tags: analyst, Banking, Banks, borrowers, Competition, Cutting, inquiry, interest rates, profits, push, rates, Senate, senate inquiry Comments OffRates about right: Reserve Bank
December 7th, 2010 admin Borrowers can rest easy for a few months after the Reserve Bank governor seemed in no haste to lift interest rates again after Tuesday’s board meeting. View full post on All Stories
Record low mortgage rates inch upward
November 19th, 2010 admin Any borrowers who were betting that mortgage rates would fall even further lost out this week. The best rates may now be behind them. View full post on All Stories
