Mortgage and Financial News From 2008-1-22 Page 5

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• Inflation surge pressures interest rates

  News.com.au - ... Bank looks set to raise interest rates next ... RBA was more likely to raise interest rates in March rather than February given financial market volatility. "A February increase cannot be ruled out completely, but it is less likely given the current ...
  2008-01-22 09:58:00

• GLOBAL MARKETS-Stocks cheer steep Fed cut, but lose - Finance.cz

  GLOBAL MARKETS-Stocks cheer steep Fed cut, but loseFinance.cz, Czech Republic - 48 minutes agoBy Louise Heavens Asian shares rallied on Wednesday after the Federal Reserve's biggest interest rate cut in over two decades, but nagging fears of a US ...
  2008-01-22 09:46:40

• Is this the Big One? - Online Journal

  Is this the Big One?Online Journal, FL - 46 minutes agoIf there had been sufficient regulation of the Fed's activities -- so that interest rates had not been kept below the rate of inflation for over 31 months ...
  2008-01-22 09:49:13

• Despite jeers and slip in polls, Giuliani stays the course - Newsday

  Despite jeers and slip in polls, Giuliani stays the courseNewsday, NY - 45 minutes ago... what he called a "difficult economic time" and applauded the Federal Reserve and Chairman Ben Bernanke for "cutting interest rates the way that he did. ...
  2008-01-22 09:50:35

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

  Philippine shares close higher after Fed's surprise rate cut - UPDATECNNMoney.com - 44 minutes agoBut given the Fed's aggressive move, the Philippine central bank can continue cutting interest rates, especially given a benign inflation environment, ...
  2008-01-22 09:51:29

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

  Hong Kong shares end morning higher on US rate cut; Jiangxi Copper ...Forbes, NY - 37 minutes agoHONG KONG (XFN-ASIA) - Share prices finished the morning sharply higher after the US Federal Reserve cut its key interest rate by 75 basis points in a bid ...
  2008-01-22 09:57:47

• News ‘not all bad’ - iAfrica.com

  News ‘not all bad’iAfrica.com, South Africa - 36 minutes ago"Despite the current high interest rates, the slowing price growth is an opportunity for buyers to get into the market. At some point interest rates will ...
  2008-01-22 09:58:43

• Is This the Beginning of a Worldwide Depression? - OpEdNews

  Is This the Beginning of a Worldwide Depression?OpEdNews, PA - 36 minutes agoIf the US and world economy fail to grow exponentially, then the banking elite temporarily lower interest rates to “stimulate” the economy. ...
  2008-01-22 09:59:11

• Fed reactions: Buiter, El-Erian, Wolf et al - FT Alphaville

  Fed reactions: Buiter, El-Erian, Wolf et alFT Alphaville, UK - 33 minutes agoInterest-rate markets are pricing in more cuts next week and have lowered the level at which they expect the current rate cycle to bottom out, he notes. ...
  2008-01-22 10:02:36

• DIARY - Germany - to February 20 - Reuters

  DIARY - Germany - to February 20Reuters - 31 minutes agoTHURSDAY, FEBRUARY 7 FRANKFURT- ECB Governing Council meeting, followed by interest rate announcement 1245 GMT. News conference follows at 1330 GMT. ...
  2008-01-22 10:04:33

• Denton market stable so far - Denton Record Chronicle

  Denton market stable so farDenton Record Chronicle, TX - 30 minutes agoDespite the current instability, Weinstein said the adjustment is occurring quickly. “It was a very radical move by the Feds, cutting the interest rates,” ...
  2008-01-22 10:04:41

• Volatility doesn't shake Michigan - DetNews.com

  Volatility doesn't shake MichiganDetNews.com, MI - 26 minutes agoDETROIT -- Michigan has been in a one-state recession for so long that a volatile day on Wall Street on Tuesday and a dramatic surprise interest rate cut by ...
  2008-01-22 10:09:25

• Keeping your cool - DetNews.com

  Keeping your coolDetNews.com, MI - 26 minutes agoBut more than half of the credit cards in the country have a variable interest rate of prime plus X percentage points. If the lender doesn't lower your rate ...
  2008-01-22 10:09:26

• GM, Ford grow vulnerable - DetNews.com

  GM, Ford grow vulnerableDetNews.com, MI - 26 minutes agoWe know volatile markets and gyrating interest rates promise more uncertainty for Michiganians eyeing buyout packages augmented by shrinking 401(k)s, ...
  2008-01-22 10:09:27

• Economy rattles residents - Florida Today

  Economy rattles residentsFlorida Today, FL - 25 minutes agoThe market gyrations came after the Federal Reserve surprised Wall Street with an announcement early Tuesday that it decided to cut a key interest rate by ...
  2008-01-22 10:09:39

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