Your Search Returned 268 tagged news reports
The number of Americans struggling to pay their mortgages has hit a new record high. New figures show 14 percent of borrowers, or 7.4 million households, are either behind on their payments or in foreclosure. The Mortgage Bankers Association says it expects...
Tags: U.S, Afghanistan, Timothy Geithner, president obama, Vietnam, Hillary Rodham Clinton, Congressional Joint Economic Committee, reserve banks, New Orleans, Karzai, Pakistan, Wazīrābād, Presidency of Barack Obama, War in Afghanistan, United States Secretary of the Treasury, Politics of Afghanistan, Barack Obama, War Conflict, Council on Foreign Relations, Group of Thirty, Politics
New faces of militancy in Cosatu have emerged following the expulsion of Willie Madisha from Cosatu, the quiet retreat of its general secretary Zwelinzima Vavi from the forefront, and the changing nature of the relationship between trade union federation...
Tags: ANC BEE, Numsa, Cosatu, South African Reserve Bank, reserve banks, South Africa, Cape Town, Congress of South African Trade Unions, ICFTU African Regional Organisation, Zwelinzima Vavi, Thabo Mbeki, Tito Mboweni, Xhosa people, Year of birth missing, Politics of South Africa
Sunday Nov 15, 2009 Alan Bollard deserves to be congratulated for quietly leading the world's central banks towards a new tool for monetary policy that might help New Zealand avoid the tyranny of a high official cash rate (OCR) killing our export sector.
Tags: Reserve Bank, reserve banks, OCR, foreign money, housing market, New Zealand, core funding, Alan Bollard, funding ratio, Auckland, Central bank, Bank, Interest rate, Reserve Bank of New Zealand, Monetary policy, Official Cash Rate, Federal Reserve System, Business Finance
The U.S. economy faces a weak recovery that will likely warrant extremely low interest rates for the foreseeable future, a top Federal Reserve official said on Tuesday. Given the tepid rebound, inflation should not become a problem despite unprecedented...
Tags: Dallas Federal Reserve, Richard Fisher, president richard, Texas, dallas president, reserve banks
The official seasonally adjusted figures show September sales fell 0.2 per cent compared with those in August. Not only that, but the preliminary sales figures for August have been downwardly revised from an increase of 0.9 per cent to a 0.7 per cent...
Tags: reserve banks, sales fell, rate rises, retail sales, Reserve Bank of Australia, seasonally adjusted, Australian Bureau of Statistics, THE Reserve Bank
S four major banks have all swiftly raised their mortgage rates after the Reserve Bank increased the official interest rate by 25 basis points to 3.5 per cent today. The RBA today raised interest rates by 25 basis points to 3.5 per cent, which met the...
Tags: Reserve Bank of Australia, Australian Bureau of Statistics, retailers sales, RBA, seasonally adjusted, ANZ Banking Group, reserve banks, rate rise
The Government has announced that $500 million of BER funding will be re-phased from 2010-11 to 2011-12 and $200 million of funding will be returned to the EIF for allocation in the future. The adjustments to the BER and EIF will allow flexibility in...
Tags: Reserve Bank of Australia, RBA, ANZ, reserve banks, rate rise, cash rate
The Reserve Bank of India will soon issue guidelines on meeting provisioning rules and some banks have sought time to meet them, its deputy governor Shyamala Gopinath said on Friday. "Banks have made certain submissions to us in the policy, in terms of...
Tags: Reserve Bank of India, banks licences, deputy governor, reserve banks
Lending by Indian banks will pick up, central bank deputy governor K.C. Chakrabarty said on Wednesday after attending a meeting of bankers with the finance minister. "Banks have said that credit growth will pick up now," he told reporters. At its quarterly...
Tags: credit growth, Reserve Bank, monetary policy, stable till, reserve banks, remain stable
Government bond yields eased on Wednesday supported by the Reserve Bank of India's decision on Tuesday to raise the proportion of deposits banks have to hold in approved government securities. On Tuesday, the Reserve Bank of India (RBI) raised the Statutory...
Tags: bonds yields, government bonds, yields ease, Reserve Bank of India, reserve banks, government securities, deposits banks