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« Previous Entries Next Entries »Fed’s Evans: Monetary policy not effective for pricking bubbles
Thursday, March 17th, 2011Monetary policy is not an effective tool for pricking asset bubbles, but central banks without authority to supervise banks may have no alternative, Chicago Federal Reserve President Charles Evans said Tuesday.
US private sector sheds 23,000 jobs in March
Thursday, March 17th, 2011The US economy shed 23,000 private-sector jobs in March, a payrolls firm said Wednesday in a report that was dramatically worse than market expectations.
Mortgage Rates Rise Above 5 Percent
Thursday, March 17th, 2011Rates on 30-year fixed mortgages rise above 5 percent this week
End of an era
Thursday, March 17th, 2011Mortgage-rate rise marks last of rock-bottom loans.
U.S. 30-year mortgage rates jump to 8-month high
Thursday, March 17th, 2011Rising bond yields sent U.S. 30-year mortgage rates to the highest level in eight months, home funding company Freddie Mac said on Thursday.
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