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As Interest Rates Fall Back Near Zero, There Aren't Many Happy Returns (AP) NEW YORK (AP) - Interest rates are sinking to near zero for the first time since last year's financial meltdown, dampening spending as Americans earn...
22 Nov 2009, 0011 hrs IST, Ashish Gupta, Inflation is defined as an increase in the prices of a group of goods and services that project the economy. The Reserve Bank of India (RBI) needs to control this excess liquidity in the...
Low interest rates, especially the deposit rate, would discourage financial institutions from providing adequate financing to the real economy, Zhou Xiaochuan, governor of the People's Bank of China (PBOC) said Friday. He told...
Sunday, November 22, 2009 By Hina Mahgul Rind KARACHI: The local equity market witnessed mixed trend this week. Foreign portfolio investment was witnessed in blue chips while decline in cut off yields and expectations for an...
NEW YORK, Nov. 20 (Xinhua) -- U.S. Federal Reserve Chairman Ben Bernanke said on Monday that the central bank would monitor the sliding U.S. dollar and reiterated that interest rate would be kept at low levels for a while. "We...
A bubble in the Dollar was created in 1971 when the Government ended the gold standard. At that time, the Dollar lost its intrinsic value and has been in a bear market ever since. As a result, the Dollar's purchasing power has...
New Delhi: Better times are ahead for the banking sector as a revival in economic activity coupled with inflation is likely to boost credit growth in the second half of current financial year, says a study.
The Bank of Japan held interest rates near zero amid mounting government pressure for it to fight deflation that could stunt the recovery from the country's worst postwar recession. Gov. Masaaki... Read more . . .
Because of how governments and central banks responded to the financial crisis, debt, bail-outs and stimulus programmes are putting pressure on the bond market. So is it heading for disaster and what would the consequences be...
FRANKFURT, Nov 20 (Reuters) - Financial markets should not assume that by removing some of its crisis measures, the European Central Bank is preparing to raise interest rates, Executive Board member Lorenzo Bini Smaghi said on...
