The ECB decides to keep rates unchanged at 4% eurozone reference. The President Eurotower, Jean-Claude Trichet at a press conference, confirmed the unanimous decision of the Council of the ECB to keep rates unchanged reference, also including the marginal rate on refinancing operations remains at 5% and the rate on deposits at [...]
To confirm what expected the ECB keeps rates firm, ¬ thing while the lending rate stands at 4%, the deposit is confirmed at 3% and 5% marginal rate. The Council of the ECB has also decided to take immediate action, (by the end of January), in consultation with [...]
Dec 26
Posted by flicker as ECB , high prices , Federal Reserve , Mortgages , News
ABI is the last monthly report notes that the rates charged by banhe for purchase of the home mortgages fell slightly in October compared to the record, are in fact now be at 5.67% against 5.71% for the top the previous month. The trend in rates, since September 2001 Tags: European Central Bank, Crisis, Dell, Euribor, Federal [...]
Dec 15
Posted by flicker as ECB , Federal Reserve , News
The Fed, in conjunction with other central banks, will begin selling for cash allegerire the market stress on banks as a result of the crisis of high-risk mortgages. The urgent action by the Fed decided to also involve the ECB, the Bank of England, the Swiss National Bank and Bank of Canada.La surprising maneuver [...]
The ECB confirms that the rate of cost of money in the Eurozone remains at 4%. Markets had expected this decision also to stop the turmoil triggered by the mortgage crisis which broke out in August overseas. That is why the line taken by the ECB is cautious and therefore the rate of cost of money Tags: [...]
The rise in interest rates decided by the ECB in recent months, as we know the effect of increased rate of adjustable rate mortgages, which begins to take effect what ¬ insolvency for many famigflie Italian. Adusbef consumer association, shall make its estimates of the current year and the resulting pigoramenti houses [...]
The International Monetary Fund points out that the stability pact countries dell'Eurolandia "who have not yet reached their medium-term objectives are required to make adjustments of at least half a percentage point of GDP a year." But the goal " seems unlikely to be achieved in some countries, including France and the Itala, where the government has [...]
At the reopening of trading week, the single European currency continues its race to the dollar and makes a new record at $ 1.413 and then taking quotandosi around 1.412. Tags: Crisis, Dell, Federal Reserve, USA
Monthly report from ABI show that in August the banks are accelerating the rate of interest on home loans rising from 5.60% in July to 5.63%, the mortgage rate was not high from what ¬ 2002, which was 5.66%, and only in 2005 had fallen to 2%. Monthly report on [...]
Confirmed the detention of the reference frame rate of the eurozone to 4%, thanks to the ECB's decision immetere 42.24 billion euros in order to ease tensions on the interbank market, Tags: European Central Bank, Crisis, Dell, Mortgages, Loans Subprime, USA
French President Nicolas Sarkozy says it is necessary to open a debate with the ECB on interest rates of the European currency as the recent crisis in U.S. credit high risk demonstrate how it can be critical to global economic growth and, in a meeting with industrialists to Jouy-en-Josas, near Paris, says: [...]
Jean-Claude Trichet announced curbs on the already rising cost of money after the crisis in U.S. subprime mortgages at high risk Tags: European Central Bank, Crisis, Dell, Inflation, Mortgages
In the July Bulletin of the European Central Bank "expresses concern about the pressures in different countries to loosen the objectives of fiscal consolidation previously established" Tags: European Central Bank, budget, public accounts, Dell, Inflation, Oil, Wages
From Frankfurt, we learn that by the time the ECB has left the 4% cost of money but in September it is expected that inevitably will do an upward climb rate mortgages and variable rate loans. Tags: Dell, Inflation, Mortgages, oil, oil prices, U.S.
€ ™ s increase in loans funded in 2006 is 12.5% (244 billion) compared to 17.4% in 2005. three quarters exceeds 100 thousand euros. Tags: Dell, Financial, Italy, Mortgages, GDP, interest rates
From 1st January 2007, Slovenia (20 thousand sq km and 2 million inhabitants) will join the single currency. They go up to 13 countries ¬ thing that is in circulation € ™ s Euro. On 15 January, after two weeks of dual currency, the tolar will cease to be legal then. It [...]
FRANKFURT - The Council of the ECB has raised euro area interest rates a quarter point from 3.25% to 3.50%, as widely expected by markets and analysts. The last intervention on rates dates back to October 5, and saw a similar increase of 0.25%, while there was a pause in the [...]