Mortgage and Financial News From 2007-11-12 Page 12
Previous Day: 2007-11-11
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PM denies spending will push up rates
News.com.au - The bank said public spending and household consumption were key drivers of inflation that could lead to further interest rate hikes. But Mr Howard today insisted his election splurge was responsible and would not add to inflation. He acknowledged ...
2007-11-12 01:28:00 -
KievPrime index set to ease lending
Financial Times - A clear interest rate benchmark is critical to the transparent pricing of inter-bank lending, which not only enhances the market for bonds and derivative instruments, but is also key to the development of hedging instruments,” he said. “Everybody ...
2007-11-12 01:28:00 -
Australian Third-Quarter Wages Probably Rose 1%, Survey Shows
Bloomberg - Australia's central bank raised its benchmark interest rate to the highest in 11 years last week as the longest run of jobs growth since 1995 drives a pickup in inflation. Bank Governor Glenn Stevens said this week that the pace of growth in wages ...
2007-11-12 01:07:00 -
Next rate rise 'next month'
News.com.au - ANOTHER interest rate rise could be announced as early as next month - just in time to compound Christmas spending worries - experts have warned. Homeowners already reeling from last week's interest rate rise may have to further trim Christmas ...
2007-11-12 05:36:00 -
Australian dollar opens weaker, below 89 US cents
News.com.au - THE dollar opened more than one US cent weaker today, to start below 89 US cents for the first time in three weeks, as high interest rate currencies were deserted. At 7.00am, the Australian dollar was trading at $US0.8836/38, down sharply from ...
2007-11-12 01:07:00 -
Dollar tumbles to US 88c
News.com.au - THE dollar opened more than one US cent weaker today, to start the day below US89 cents for the first time in three weeks, as carry traders deserted high interest rate currencies. At 7am AEDT, the dollar was trading at $US0.8836/38, down sharply from ...
2007-11-12 01:35:00 -
New interest rates warning
News.com.au - MORE interest rate rises are on the way, with the central bank today warning inflationary pressures will push consumer prices up by at least 3 per cent a year. The RBA, in its latest quarterly statement on monetary policy, said tight capacity ...
2007-11-12 07:37:00 -
Japan's central bank begins 2-day policy meeting, expected to hold key ...
CNBC - TOKYO - Japan's central bank is expected to hold its key interest rate steady at a two-day meeting that began Monday amid deepening concerns about slower economic growth in the U.S. due to mortgage problems. The Bank of Japan's latest monthly meeting ...
2007-11-12 08:13:00 -
India's Industrial Production Rate Dips In September (Forbes)
High interest rates curb demand for consumer goods, while the strong rupee hits exports.
2007-11-12 08:06:04 -
IIP drops to 6.4 percent for September on strong rupee, high interest rates (New Kerala)
New Delhi, Nov 12: India's industrial output in September grew by 6.4 per cent from a year earlier, dropping from the previous month's 10.7, amidst a stronger rupee and monetary policy tightening which has had an impact on interest rate The Quick Estimates of Index of Industrial Production (IIP) with base 1993-94 for the month of September 2007, released by the Central Statistical Organisation ...
2007-11-12 08:33:53 -
Sliding UK Confidence Makes Interest Rate Cut More Likely (The Forex Market)
LONDON (Dow Jones)-U.K. business confidence is sliding and companies' perceptions of the economy are weakening, indicating that economic growth has peaked and making a rate cut in early 2008 increasingly likely, Lloyds TSB said Monday.
2007-11-11 04:14:02 -
Australian Central Bank Ups Inflation Forecasts; Boosts Rate Hike Speculation (INO News)
(RTTNews) - The Australian central bank raised its inflation forecasts on Monday, strengthening speculation of yet another hike in interest rate in the near term.
2007-11-12 05:18:34 -
Westpac and ANZ borrowers to feel rate sting (The Age)
Westpac and ANZ have joined their two major rivals and passed on last week's official interest rate rise.
2007-11-12 05:08:27 -
RBA signals rate rises ahead (Canberra Times)
Australia's Reserve Bank has signalled a follow-up interest rate rise is as a good as certain after confirming it believed inflation had already jumped beyond the top of its target band.
2007-11-12 02:09:48 -
Christmas rate rise tip (Adelaide Now)
HOMEOWNERS reeling from last week's interest rate rise may have to further trim Christmas budgets with another hike possible as early as next month.
2007-11-12 05:37:52
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