Interest Rate

Lost In The Funhouse: The Twisted World Of Mortgage Lender Error

Ben Hallman | Posted 01.27.2012

Read More: JPMorgan Chase, Video, Foreclosure Crisis, Freddie Mac, Wall Street, Wells Fargo, GMAC Home Mortgage, National Consumer Law Center, Bank of America, Fannie Mae, Foreclosure, The Great Recession, Mortgage Payment, Realtytrac, Interest Rate, Business News

Ben Hallman reported and wrote this story as a staff writer at the Center for Public Integrity. He recently joined The Huffington Post. Like milli...

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Ben Bernanke: Federal Reserve Not 'Out Of Ammunition' Yet

AP | By MARTIN CRUTSINGER | Posted 01.25.2012

Read More: Video, Unemployment, Central Bank, Inflation, Great Recession, Federal Reserve, Economic Recovery, Ben Bernanke, Recession, Interest Rate, Business News

WASHINGTON -- The Federal Reserve's announcement that it is unlikely to raise its benchmark interest rate until late 2014 is simply its "best guess," ...

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CardRatings Hall of Shame: Worst Credit Cards of 2011

Curtis Arnold | Posted 03.13.2012

Read More: Credit Card, Interest Rate, Apr, Credit Limit, Applied Bank, Citibank, Capital One, Chase, Penfed, Visa, Mastercard, Amex, Merrick Bank, Rewards Credit Card, Fnbo, Business News
Curtis Arnold

It's hard to avoid noticing some offers that would have been better left on a marketing team's whiteboard. Our panel of credit card experts found this year's five worst credit card offers, along with one account that's worthy of a second look.

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U.S. Stocks Plunge In Early Morning As Volatile Streak Continues

AP | STAN CHOE | Posted 10.10.2011

Read More: Treasury Department, Stock Market, Gold, Jobs, Federal Reserve, Bank of New York Mellon Corp., RBS Securities, The Walt Disney Co., S&P 500, Interest Rate, Investors, Wall Street, Dow Jones Industrial Average, Great Recession, Double-Dip Recession, Economic Recovery, Nasdaq Composite Index, Video, Business News

NEW YORK — Back to reality and back down, Wall Street focused on the bleak landscape ahead for the economy Wednesday and wiped out its big gains...

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Regulators Investigate Whether Banks Formed Cartel To Manipulate Interest Rates

Posted 06.14.2011

Read More: Ubs, Major B Anks, Bank of America, Libor, Credit Quality, Borrowing Costs, Financial Crisis, US Regulators, Citigroup, Banks Collusion, Interest Rate, Business News

U.S. regulators are probing whether some major banks colluded to manipulate a global benchmark interest rate before and during the financial crisis,...

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Fed Official: High Unemployment Isn't Inevitable After Bubbles Collapse

Posted 05.25.2011

Read More: Monetary Policy, High Unemployment, Unemployment Benefits, Central Bank, Narayana Kocherlakota, Asset Bubbles, Minneapolis Federal Reserve, Interest Rate, Business News

The collapse of an asset bubble will not necessarily lead to higher unemployment as long as monetary policy is loose enough, a top Federal Reserve...

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What We Can Learn From Central Banks About Managing Our Wealth

Gemma Godfrey | Posted 05.25.2011

Read More: Turkey, Stan Fischer, Bank of Israel, Trade, Wealth, China, Brazil, Wars, Sovereign Bonds, Emerging Markets, Mervyn King, Interest Rate, Davos, Money, Bank of Canada, Inflation, Tax, Central Bank, g20, Insight, Protectionism, Currency, Investment, Gemma Godfrey, Recovery, Economy, Business News
Gemma Godfrey

These trade wars are turning into foreign exchange market turbulence. So what are these so-called "currency wars"? And what can we learn from them?

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Interest Rate Increase Debate Intensifies Inside Fed

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Fed, Federal Reserve, Ben Bernanke, Interest Rate, Interest Rate Increase, Business News

WASHINGTON — The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease h...

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Fed Raises Discount Rate:

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Fed Discount Rate, Banks, Federal Reserve, Discount Window, Interest Rate, Business News

WASHINGTON — The Federal Reserve decided Thursday to boost the rate banks pay for emergency loans. The action is part of a broader move to pull ...

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Is the Next Financial Crisis Approaching? The Case of Public Debt

Georges Ugeux | Posted 05.25.2011

Read More: Google, Taiwan, Debt, Congress, Dalai Lama, Bankruptcy, Public Debt, United Kingdom, Bank of International Settlements, Bonds, U.S. Treasury, Credit Default Swaps, United States, China, Japan, The White House, Emerging Markets, Interest Rate, G-20 Summit, Gdp, Federal Budget Deficit, Germany, Developed Nations, Budget Surplus, Central Banks, Credit-Risk, Refinance, Financial Institutions, Greece, Business News
Georges Ugeux

China and other foreign countries will not endlessly finance the US budget deficit; China recently sold $34 billion of American treasuries, and now holds less US debt than Japan.

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The US Dollar: Don't Just Do Something, Stand There!

Marshall Auerback | Posted 10.15.2009

Read More: Fed, Credit Crisis, Default, Inflation, Dollar, Interest Rate, Depreciation, Business News
Marshall Auerback

It seems there isn't a day that goes by without more commentary on the demise of the dollar and the concomitant risk of a collapse of the world's reserve currency.

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The Critics and the Credit Cards

Christopher Brauchli | Posted 05.25.2011

Read More: Interest Rates, Credit Cards, Credit Card Debt, Bankruptcy, Interest Rate, Conspicuous Consumption, Money, Consumption, Buying Power, Business News
Christopher Brauchli

Credit card companies do not limit themselves to tutoring consumers in the art of financial responsibility. They try to insure that everyone who wants a credit card has one.

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More Rate Cuts From Fed Expected Tuesday

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Ben Bernanke, Federal Reserve, Interest Rate, Interest Rate Cuts, Business News

WASHINGTON — Desperate to aid an economy in crisis, the Federal Reserve is ready to deliver yet another big interest rate cut. How big? One-hal...

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Ask The Ben Bernanke 8-Ball!

236.com | Posted 05.25.2011

Read More: Jpmorgan, Investment Banks, Interest Rate, Finance, Interest Rate Cut, Wall Street, Nasdaq, Stock Market, Dow Jones Industrial Average, Federal Reserve, U.S. Interest Rate, Ben Bernanke, Fed Rate Cut, Stocks, 236.Com, Business News

Economic meltdown looms, and Federal Reserve Chairman Ben Bernanke is doing what he does best: lowering interest rates. At least, that's what financia...

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Fed Cuts Interest Rate By 3/4 Point

Reuters | Posted 05.25.2011

Read More: Investment Banks, Federal Reserve, Finance, Wall Street, Nasdaq, Dow Jones Industrial Average, Stock Market, Stocks, Interest Rate, Interest Rate Cut, U.S. Interest Rate, Ben Bernanke, Fed Rate Cut, Jpmorgan, Business News

The Federal Reserve slashed a key U.S. interest rate by three-quarters of a percentage point Tuesday, a substantial cut but smaller than many in finan...

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Fed Cuts Interest Rate By A Quarter Point

AP | Posted 05.25.2011

Read More: Federal Reserve, Fed Cuts, Ben Bernanke, Interest Rate, Interest Rate Cut, Fed Interest Rate Cut, Business News

The Federal Reserve has cut a key interest rate by one-quarter of a percentage point to 4.25 percent, the third rate cut in three months. The quarter...

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Wall Street Prepares For Rate Cut

Washington Post | Neil Irwin | Posted 05.25.2011

Read More: Federal Reserve, Ben Bernanke, Interest Rate Cuts, Interest Rate, Business News

Six weeks ago the Federal Reserve cut interest rates, a move that calmed panicked credit markets and sent stock markets soaring. Now investors faced w...

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