Tag Archives: interest-rate
Unattainable Government Goals
01/27/12 Baltimore, Maryland – Yesterday, investors digested the big news from Wednesday…the Fed's announcement that it would continue handing out money , asking nothing in return, for the next three years. Stocks went down. … The Fed projected that unemployment would drop no lower than 8.2 percent this year, just slightly below the current rate of 8.5 percent, and no lower than 7.4 percent by the end of next year. By the end of … Right now, interest rate policy doesn't work . Continue reading
Fed will keep interest rates at ‘exceptionally low’ levels through 2013
Tuesday’s interest rate news from the Federal Reserve put some of the wind back into the bulls’ sails, pushing the major indexes into the black by the close…( Read More ) Continue reading
Gold futures soared to a three-week acme after China’s rate hike bolstered inflationary concerns
Stocks got off to a sour start this morning, as word hit the Street that China hiked its interest rate by 25 basis points, marking the nation’s second increase in six weeks, and its third since mid-October…( Read More ) Continue reading
Global finance blog – news, jokes, life… » U.S. Jobs Outlook Rises …
A jump in payrolls “won’t happen overnight, and we’re probably several years from seeing the unemployment rate that we enjoyed prior to the downturn,” said DuBravac. “The fact that you see them thinking about hiring shows businesses are … Tags 30-year fixed loans audit report bad credit bad mortgage loans banks business cash advance Credit dings economics FHA finance Freddie and Fannie Illinois Association of Mortgage Professionals interest rate Jumbo legal loan loans … Continue reading
Wall Street looks to bounce back from last week’s losses
Plagued by fears of Chinese interest rate hikes and European sovereign debt, the Dow Jones Industrial Average (DJIA) sold off sharply last week, closing below the 11,200 level and its 20-day moving average…( Read More ) Continue reading
Nobel Prize in Economics Is All About Unemployment Debate
The prize citation noted that the trio’s theories can be used to answer the questions, “Why are so many people unemployed at the same time that there are a large number of job openings? … Such factors may include the benefit level in unemployment insurance, the real interest rate, the efficiency of employment agencies, hiring and firing costs, etc.” The three economists also looked into longer-term unemployment and found that “rapid structural changes that increase” … Continue reading