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Fed"s Williams confident central bank can control short-term lending rate despite expected year-end pressure
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In the wake of its recent crisis, the Fed boosts repo operations to calm lending worries before the new year
REUTERS/Brendan McDermid The Federal Reserve Bank of New York boosted its repo operations Thursday, increasing planned capital injections as its key lending rate faces year-end pressures. The central bank lifted its limit f.....»»
Fed chief signals central bank will defy White House demands for further rate cuts
REUTERS/Jonathan Ernst Federal Reserve Chairman Jay Powell signaled to a congressiona.....»»
No talks have taken place on ousting Fed"s Powell: White House adviser
A White House official said on Friday no discussions have taken place about ousting U.S. Federal Reserve Chairman Jerome Powell after President Donald Trump expressed disappointment in him and criticized the central bank's latest interest rate cut......»»
Deutsche Bank cuts prime lending rate by 25bps to 4.75%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
M&T Bank cuts prime lending rate to 4.75% from 5%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Don"t have a down payment for a house? Banks might have a deal for you
About 69% of prospective home buyers say the big barrier to buying is saving enough for a down payment and costs, says a recent Bank of Am.....»»
Huntington Bank cutting jobs to reduce expenses
In a cost-cutting move, Huntington Bank says it will eliminate some jobs. Columbus-based Huntington (NASDAQ: HBAN) said in a statement that the "rapidly changing interest rate environment" would lead to layoffs. The Columbus Dispatch reported the .....»»
Outside the Box: Federal Reserve’s interest-rate cuts hurt the economy by tamping down lending
Aldis Birkans, CFO of National Bank Holdings, also says lower rates will crimp lenders’ earnings......»»
Deutsche Bank lowers prime lending rate to 5.00% from 5.25%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
M&T Bank lowers prime lending rate to 5.0% from 5.25%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Regions Bank cuts prime lending rate to 5% from 5.25%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
ECB pushes interest rates further into negative territory, restarts bond buying to shore up eurozone economy
The European Central Bank delves deep into its toolbox, cutting its deposit rate further into negative territory, launching a new round of monthly bond purchases and taking other steps to stimulate a flagging eurozone economy......»»
ECB cuts deposit rate, restarts bond-buying program
The European Central Bank on Thursday cut its deposit rate further into negative territory, decreasing it by 10 basis points to negative 0.5%, while also announcing it would res.....»»
Economic Report: Home prices are rising at the slowest pace since 2012: Just 2.1%, Case-Shiller shows
The cost of buying a house in the U.S. continued to slow in June, a key price b.....»»
Asia Markets: Asian markets mixed as China rolls out new benchmark lending rate
Asian markets were mixed in quiet trading early Tuesday, after China’s central bank announced its new benchmark lending rate......»»
Deutsche Bank decreases prime lending rate to 5.25%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
M&T Bank decrease prime lending rate to 5.25%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Wells Fargo profit beats estimates on cost controls, rise in loans
Wells Fargo & Co beat analysts' estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting......»»
An RBA rate cut will not send the economy into a boom: Economist
An interest rate cut from the Reserve Bank of Australia is probably going to just stem the pace of house price declines, says Adam Boyton of the Business Council of Australia......»»