Law Blog - WSJ.com (Free subscription) | 6 hours ago
Iceland's central bank slashed its key interest rate to 12% from 15.5% and said a sharp economic contraction lies ahead. Russia and Iceland will continue their talks about a potential loan to ease Iceland's liquidity problems.
The Earth Times Online Newspaper (Free subscription) | yesterday
HOUSTON, TX -- 10/15/08 -- Kayne Anderson MLP Investment Company (the "Company") (NYSE: KYN) announced today that it entered into additional interest rate swaps with notional value of $75 million at an average fixed swap rate of 3.25% with a tenor ..
Times of India (Free subscription) | yesterday
Bankers said that lending rates may come down in response to a series of cuts by RBI in mandatory deposit requirements for banks but hastily added that a soft interest rate regime could still be some time away.
VirtueOnline (Free subscription) | yesterday
UK: Archbishop calls for financiers to set 'just and reasonable' interest rates By Steve Doughty The Daily Mail October 15, 2008 The Archbishop of Canterbury made a new attack on the money markets today with a call for financiers to set 'just and reasonable' rates of interest. Dr Rowan Williams said that Christians and Muslims - who forbid entirely the taking of interest...
Financial Time (Free subscription) | yesterday
Iceland's central bank slashed interest rates from 15.5 per cent to 12 per cent, citing the 'grave situation' facing the country, whose banking system collapsed last week
Hindu (Free subscription) | yesterday
KARUR: Lakshmi Vilas Bank has announced an upward revision of interest rates for domestic term deposits, both short and medium term, from October 15. These rates are applicable to fresh deposits and renewals. The existing rate for 181-270 days ...
The UK Housing Bubble (Free subscription) | yesterday
The Bank of England cut interest rates by 50 basis points last week, and it had absolutely no effect whatsoever on the three-month sterling interbank interest rate. Actually, while the Bank of England was cutting, interbank rates were rising. As things stand, it appears that Bank of England has lost control of interest rates. Again, today central banks...
Law Blog - WSJ.com (Free subscription) | yesterday
Iceland's central bank cut its key policy rate for the first time since 2003 in an unscheduled announcement as the country remains mired in economic crisis.
Finance Markets (Free subscription) | yesterday
Iceland’s central bank, Sedlabanki, slashed interest rates today, earlier than scheduled, from 15.5% to 12% following a disastrous couple of weeks for the country. The country faced a near-collapse of its banking system after the country’s three largest banks, Glitnir, Kaupthing and Landsbanki, were nationalised recently. Meanwhile, the stock exchange was closed following a three-day...
FT.com - Europe homepage (Free subscription) | yesterday
Iceland's central bank slashed interest rates from 15.5 per cent to 12 per cent, citing the 'grave situation' facing the country, whose banking system collapsed last week
BBC News (Free subscription) | 10/14/2008
National Savings and Investments announces cuts in interest rates on some deals for the second time in a week.
Law Blog - WSJ.com (Free subscription) | 7 hours ago
In one of its most aggressive moves yet, the European Central Bank mounted a three-pronged attack aimed at taming interest rates in the markets where cash-strapped euro-zone banks lend to one another.
Dismal (Free subscription) | yesterday
The annualized quarterly change of real consumer spending is expected to sink from Q2-08's 1.2% increase to a -3.1% contraction for Q3-08, which would be the deepest such drop since the -8.6% of Q2-80.
Banking Business Review (Free subscription) | 10/14/2008
National Savings and Investments, a UK-based savings bank, has announced that it is decreasing the interest rates on most of its variable savings offers by up to 0.50% pa.
Boston Globe (Free subscription) | yesterday
Iceland's central bank has slashed interest rates by 3.5 percent, bringing the policy rate down to 12 percent from a record high of 15.5 percent.
