Mortgage and Financial News From 2008-1-22 Page 4

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  • Tag: vendor (ZDNet Australia)

    Business Process Management (BPM) vendors are creating unnecessary "bells-and-whistles" technology without reference to their users' wishes, according to new research by analyst house Butler.
    2008-01-22 10:56:22

  • Credit where it's due (The Daily Sentinel)

    An unexpected decision by the Federal Reserve to slash a key lending rate Tuesday was seen locally, in Grand Junction, as a sound and swift decision.
    2008-01-22 10:58:44

  • Financial experts say it's no time to panic (Daily Herald)

    Financial advisers in the suburbs didn't see clients panic Tuesday when the stock market dumped 465 points at the opening bell, then recovered slightly later in the day. But that is because they've been preparing investors for the last six weeks on what could happen.
    2008-01-22 10:59:07

  • Radio Days (Princeton Packet)

    The 1930s were the best of times and the worst of times in Princeton — an Historical Society exhibit puts it in perspective.
    2008-01-22 10:59:36

  • Philippine shares close higher after Fed's surprise rate cut - UPDATE

    Forbes - ... across the board following a seven-day slide, as Asian markets cheered the Fed's surprise 75-basis-point cut in interest rates. ... Cebu Pacific, announced late Tuesday it has postponed its initial public offering indefinitely to avoid the current ...
    2008-01-22 09:44:00

  • Markets: what should investors do next?

    Daily Telegraph - The US Federal Reserve has cut interest rates by 0.75 percentage points but the move has failed to ease nerves. What should ... I have double the normal amount of cash (it's around 11 per cent) but in the current environment I am happy for that to ...
    2008-01-22 09:44:00

  • US Fed cuts interest rate amid global stock sell-off and fears of ...

    International Herald Tribune - US Fed cuts interest rate amid global stock sell-off and fears of recession ... The statement said that Poole objected because he did not believe current conditions justified a rate move before the Fed's ...
    2008-01-21 03:54:00

  • Hong Kong shares end morning higher on US rate cut; Jiangxi Copper ...

    Forbes - ... the morning sharply higher after the US Federal Reserve cut its key interest rate by ... stocks led the rebound as local banks are expected to lower their lending rates ... about the US economy, and that stocks could see further falls once the current ...
    2008-01-22 09:58:00

  • Greenspan Put Is Dead. Long Live Greenspan Put: Caroline Baum

    Bloomberg - Recession '08'' contract on Intrade.com, an online site where individuals can bet on financial markets and current events ... Yet the Fed didn't feel compelled to bail out the housing market last year, when lower interest rates could have assuaged ...
    2008-01-22 09:30:00

  • A parachute for the markets

    Boston Globe - Interest rates aren't high by historical standards. Indeed, years of so-called cheap money under the stewardship of former Fed ... the world lack confidence that President Bush and Congress can agree on a plan calibrated to counteract the current ...
    2008-01-22 09:22:00

  • Mexican economy to navigate against current-Calderon

    Forbes - We may have to navigate against the current with the wind against us," Calderon said. "That's why we're firing up our economy." The U.S. Federal Reserve slashed interest rates by three-quarters of a percentage point to 3.5 percent Tuesday in an ...
    2008-01-22 12:18:00

  • Down Arrows

    Washington Post - But at some point, the declining dollar and other factors will constrain his ability to cut interest rates. Some aspects of the current predicament are not easily treated by conventional monetary and fiscal medicine. For example, the Fed's rate cuts ...
    2008-01-22 09:08:00

  • Economic trials ahead - Bank boss

    BBC Business - The Bank of England's rate-setting Monetary Policy Committee will meet on the 6 and 7 February to decide on the direction of interest rates from their current level of 5.5%. It confirmed it would not be making a decision before that, as the US ...
    2008-01-22 09:30:00

  • Housing market awaits outcome of interest rate cut

    Miami Herald - By cutting short-term interest rates quickly, the Fed turned around a scary morning on Wall Street, with the Dow plunging ... Current mortgage rates are low,'' said David Dabby, a real estate analyst and president of the Dabby Group in Coral Gables ...
    2008-01-22 09:08:00

  • Bernanke to Cut Rates Further, Faster as Inflation Concerns Ebb

    Bloomberg - Bernanke has decided inflation concerns have faded enough to let him cut interest rates further and faster to keep the U.S. from ... While the Fed has two mandates from Congress, low inflation and sustained growth, current Fed officials have made stable ...
    2008-01-22 09:30:00

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