BoE Keeps Interest (Cd interest rates) Rates at 5.75 PercentForbes -
| BoE Keeps Interest Rates at 5.75 Percent Forbes - The Bank of England held its benchmark interest rate steady at 5.75 percent on Thursday, following five increases in less than a year. Economists had expected the bank to stay its hand this month after the series of rises that were aimed at putting a Source: www.forbes.com High interest in startup bank Santa Cruz Sentinel - Richard Hofstetter's phone has been ringing nonstop all week. As the president of the Lighthouse Bank, currently in startup mode, he said he's received more than 400 calls from prospective investors since the Sentinel reported Saturday on the bank's Source: www.santacruzsentinel.com House prices 'grinding to a halt' as interest rate rises bite Daily Mail - Asking prices for home have peaked, some experts reckon House price growth has continued to cool off with the average cost of a home rising by just 0.7% last month to just under 200,000. July was the fourth month in a row that house prices have Source: www.dailymail.co.uk Sven ends interest in Baines Wigan Today - Manchester City manager Sven-Goran Eriksson continued his overhaul of the squad by signing Real Sociedad defender Javier Garrido - which effectively means he has pulled out of the race to sign Latics' Leighton Baines. Garrido, 22, has agreed a four Source: www.wigantoday.net CapitalSource 2Q earnings rise Boston Globe - CapitalSource's commercial portfolio grew to $9.97 billion at the end of the second quarter, up from $7.42 billion during at the same time a year ago. The growth in portfolio size led to a 9 percent jump in interest income from the prior quarter Source: www.boston.com ECB leave interest rates at 4.00%. Will rise twice to the end of 2007 FXStreet.com - The European Central Bank left its benchmark interest rate at 4.00%. This is a 6-years high after all 8-interest rates raise since 2005. The decision was widely expecting. ECB signal that new interest rates raise will follow in September 2007. The Source: www.fxstreet.com UK interest rates stay at 5.75% BBC Business - The news will come as a relief to people with variable rate mortgages, who have had to cope with five rate rises in the past year. The Monetary Policy Committee (MPC) had been widely expected to keep rates on hold this month, as it waits to see the Source: news.bbc.co.uk Interest rates on hold Guardian Unlimited - Interest rates were held at 5.75% by the Bank of England today as the recent market turmoil reinforced the case against back-to-back rate rises. The reprieve for homeowners, who have been subjected to five rate increases since last August, came Source: www.guardian.co.uk Interest in free agent Rice picking up ESPN.com - Free-agent defensive end Simeon Rice is likely to continue visiting other interested teams and cd interest rates his next stop could be in Tennessee for a meeting with Titans officials. Representatives for Rice said Wednesday evening that the 11-year veteran's meeting Source: x.go.com |