Mortgage and Financial News From 2008-5-15 Page 14
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Bank dashes hope of interest rate cut - Guardian Unlimited
Mervyn King last night dashed hopes of cuts in interest rates to boost growth when he admitted that the economy would have to slow markedly this year to bring inflation back under control. Despite recognising that there was a danger of the UK ...
2008-05-14 05:02:00 -
China A-shares end morning higher; earthquake-zone firms up sharply ... - Forbes
BEIJING (XFN-ASIA) - China A-shares finished the morning session higher on follow-through interest, with power firms and brokerages leading the gains, dealers said. Most earthquake-zone companies rose sharply after resuming trading, they noted. The ...
2008-05-14 10:17:00 -
State Senate OKs payday loan cap - Chronicle-Telegram
COLUMBUS — The Ohio Senate has passed legislation that would create one of the nation’s strictest laws governing payday lending. The bill limits borrowers to four short-term loans a year and caps annual interest rates at 28 percent. Payday ...
2008-05-14 10:03:00 -
UK rate cuts a faint hope as inflation bites - Financial Times
UK consumers should not expect interest rate cuts in the next two years, the Bank of England signalled yesterday as it produced new forecasts showing inflation was likely to remain above 3 per cent beyond the end of 2008. The Bank's latest quarterly ...
2008-05-14 06:50:00