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Credit markets' rising rates pose economic threat - Seattle Times
Credit markets' rising rates pose economic threat Rising rates on corporate bonds and commercial mortgage-backed securities, and the decline of more companies into "junk" status, could add to the economy's pain in the coming year — even if ...

UK's Brown to press banks to cut interest rates - Salon
Dec 5th, 2008 | LONDON -- British Prime Minister Gordon Brown said Friday he will be pressing bankers to pass on lower interest rates to consumers after the Bank of England moved to reduce its key lending rate to the lowest level since 1951. The Bank ...

Lower Rates Help Sell Houses, but Market Faces Broader Ills - Wall Street Journal
A possible move by the Treasury Department to push down mortgage rates has raised the hopes of home buyers, real-estate agents and economists -- and the share prices of residential builders and related businesses. But the proposal, if implemented as ...

Reserve Bank to deliver Christmas cheer - ninemsn
Homeowners are set for an early Christmas present today courtesy of the Reserve Bank (RBA), which is set to deliver an interest rate cut of at least 0.75 percent. A 75 basis point cut would shave $164 off the monthly repayment on a $350,000 mortgage ...

Mortgage advice - GMTV
We'll all be watching the news later today to see if the Monetary Policy Committee (MPC) drops the Bank of England base rate again. Off the back of huge reduction of 1.5% last month, the base rate currently stands at 3%, although it's widely expected ...

NJ homebuilders seek to revive sales - Philadelphia Inquirer
CRANBURY, N.J. - Homebuilders in New Jersey are looking for ways to revive their industry at a time when sales are down and foreclosures are up. Meeting in Cranbury Wednesday, builders discussed lobbying Washington to expand the stimulus package to ...

Brasch Words - American Reporter
BLOOMSBURG, Pa. -- President George W. Bush gazed into the cameras on a Tuesday morning in July and tried to assuage the fears of about 300 million Americans who believed they were in the middle of a recession. "The economy is growing," said the ...

Reserve Bank predicted to slash interest rates, households $700 better ... - News.com.au
Raining money ... the average Australian is $700 a month better off than they were six months ago. Rate cut of at least 0.75 per cent predicted Petrol, groceries also cheaper Average household $700 a month better off THE average Australian will head ...

Volatile markets close higher - The Washington Times
Wall Street turned higher at the end of another roller-coaster day Wednesday, with the Dow up by nearly 180 points. The markets opened in the red and seesawed through some worsening news about the economy generally and the automakers specifically but ...

Rate cut fails to halt market slide - News.com.au
A RATE cut by the central bank failed to stem falls on the Australian sharemarket as resources stocks helped drag it down 4 per cent. The local bourse opened firmly in the red after Wall Street slumped 7.7 per cent on bleak economic news around the ...