Interest Rate

China Criticizes U.S. Financial Management During Obama Visit

By by| WSJ| Politics

… trip. Liu Mingkang, chairman of the China Banking Regulatory Commission, said that a weak U.S. dollar and low U.S. interest rates had led to "massive speculation" that was inflating asset bubbles around the world. It has created "unavoidable risks …

Story|11/15/2009

Obama Unlikely to Push China Hard on Letting Currency Rise Against Dollar

By by| AP| Politics

… regulator said the weak dollar and low interest rates were distorting global asset prices ..... said the declining dollar and low interest rates were encouraging a "massive" U ..... dollars. The dollar would sink, U.S. interest rates would likely surge and the fledgling …

Story|11/15/2009

Sen Reid at risk? losing a Dem Sen vote?

GretaWire

… but I do not. He wrote me about last night's segment where I criticized (and very loudly) Citibank for raising the interest rate on a 91 year old's credit card to 29.9% (ten point increase.) Why did Citibank ... read more 99 Comments OTR …

Blogs|11/13/2009

Obama Eyes Domestic Spending Freeze

By by| AP| Politics

… imperative to start curbing the flow of red ink in coming years so as not to erode the fledgling economic recovery and raise interest rates . But he called it a balancing act and said acting too fast could undercut the recovery. Orszag would not comment on the …

Story|11/13/2009

Federal Deficit Sets October Record at $176.4 Billion

By by| AP| Politics

… deficits continue it could push up interest rates , further dragging on the fragile economic ..... deficits continue it could push up interest rates , further dragging on the fragile economic ..... rates because the recession pushed interest rates down and the Federal Reserve has worked …

Story|11/13/2009

5 Percent of Americans Plan to Buy a Home Next Year

AP| U.S.

… foreclosures, worries about rising interest rates and a wide selection of homes ..... favored federal policies that kept interest rates low and helped troubled homeowners ..... second mortgage and cut his interest rate from 6.75 percent to 5.25 …

Story|11/11/2009

OTR Viewer – do you agree with him? or with me? « Gretawire

GretaWire

… criticized (and very loudly) Citibank for raising the interest rate on a 91 year old's credit card to 29.9% (ten point ..... have different views on this underlying issue of banks and interest rates , there is one matter that I hope we don't disagree on …

Blogs|11/11/2009

Senate Dems Attempt to Curb Fed's Powers

AP| Politics

… Protection Agency to protect consumers taking out home loans or using credit cards against predatory lending and surprise interest rate hikes. Republicans and industry officials say that creating another bureaucracy will make it harder for banks to do business …

Story|11/10/2009

I hate Citibank « Gretawire

GretaWire

… received a letter last month from Citibank announcing that her new interest rate [on credit card] was 29.9 per cent, an increase of 10 percentage ..... to do, go out and get a job mowing lawns to pay their outrageous interest rates ?

Blogs|11/10/2009