FRANKFURT, Germany (AP) — Falling prices sent another worrying signal about the eurozone economy just before the European Central Bank starts a 1 trillion euro ($1.1 trillion) stimulus effort. (full story)
Chris Puplava - at Seeking Alpha - Fri Jan 30, 2:57AM CST
"At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained." -Former Fed Chairman Ben Bernanke, Testimony to U.S. Congress (March 2007) As we... (full story)
ALBANY, N.Y. (AP) — A state board is poised to vote on whether to raise the hourly wage made by restaurant servers and other tipped workers. (full story)
(1) Treasury Yields - The interest rate that the U.S. Treasury pays to borrow money.
(2) Bank Rates - The federal funds rate is the rate that banks pay to borrow reserves from each other in the interbank market. The prime rate is the rate that banks charge for loans to their best customers.
(3) The interest rate swap rate represents the fixed rate paid on a rate swap to receive payments based on a floating rate. Our Dollar Interest Rate Swaps page shows 1-, 5-, 10-, and 30-year rate swap charts, as well as historical rate swap data tables.
(4) Mortgage Rates - Mortgage rates are the rates that banks charge for loans to homeowners with the home used as collateral for the loan. Fixed-rate mortgage rates are fixed over the term of the loan whereas adjustable-rate mortgages (ARMs) vary over the term of the loan.