Tag Archives: rate
Student Debt Continues to Rocket: NY Fed
NEW YORK (TheStreet) — Student debt continues to climb, even as other forms of consumer debt decline, according to the latest quarterly report on household debt published by the New York Federal Reserve. Student loans grew by $20 billion during the first quarter to a total of $986 billion as of March 31, 2013. Continue reading
Deutsche Bank Co-CEO Criticizes Low ECB Rates -Report
Deutsche Bank AG (DB, DBK.XE) Co-Chief Executive Juergen Fitschen has criticized the European Central Bank’s low interest rate, according to excerpts of an interview to be published Sunday in Frankfurter Allgemeine Sonntagszeitung. Continue reading
Can Bernanke Talk Investors Out of Higher-Yielding ETFs?
NEW YORK (ETF Expert) –Sometimes, when the chairman of the U.S. Federal Reserve speaks, as he did Friday, my diaphragm pushes on my lungs hard enough to inhibit breathing. It’s not that I don’t admire Ben Bernanke on a variety of levels. Continue reading
Asia stocks rise after Dow hits another record
BANGKOK (AP) — Asian stock markets rose Thursday on the heels of another record high on Wall Street and an interest rate cut in South Korea to boost economic growth. Continue reading
Aussie Steady Ahead Of RBA Rate Decision
CANBERA (dpa-AFX) – At 12:30 am ET Tuesday, the Reserve Bank of Australia will announce its interest rate decision. The central bank is forecast to keep rates unchanged at 3:00 percent.Ahead of th… Continue reading
U.S. dollar, stocks rally on strong U.S. jobs data
By Herbert Lash NEW YORK (Reuters) – The U.S. dollar climbed more than 1.0 percent against the yen and global equity markets surged on Friday, boosted by a U.S. Continue reading
S&P 500 sets record high, closes shy of 1600
Stocks finished near session highs Thursday, propelling the S&P 500 to a fresh intraday high, as Wall Street cheered a better-than-expected jobless claims report and after the European Central Bank cut its key interest rate. Major averages are poised to close higher for the second week in a row.(Read More: After-Hours Buzz: AIG, LNKD, GILD & More)The Dow Jones Industrial Average rallied 13… Continue reading
ANZ Says More Rate Cuts Won’t Help Australian Economy
Further rate cuts from Australia’s central bank won’t do much to stimulate growth in the resource-rich economy, the head of the country’s third-largest lender by market value said Tuesday. Continue reading
ANZ Says More Rate Cuts Won’t Help Economy
Further rate cuts from Australia’s central bank won’t do much to stimulate growth in the resource-rich economy, the head of the country’s third-largest lender by market value said Tuesday. Continue reading
