Interest Rate News
# Low Interest Rates Help Companies at the Expense of Savers
Those who live off their investments are hit hard by falling interest rates, as corporations borrow cheaply and sit on the cash.
# European Central Bank Optimistic About Economy
The central bank will continue to offer liquidity to banks that have trouble obtaining short-term funds from other banks or in the money markets.
# Japan Offers a Plan to Invigorate Its Economy
Analysts said that the new stimulus steps announced by the prime minister and the further easing of monetary policy were too timid.
# Rethinking Adjustable-Rate Mortgages
With the economy still weak, borrowers may want to hold onto their adjustable-rate mortgages a little longer.
# Fed Expected to Outline Future Actions on Friday
Facing a a worrying low inflation rate and persistently high unemployment, Ben S. Bernanke may signal the Federal Reserve’s course in a speech Friday.
# Treasury Note Yields Fall Again on Economic Worries
The 10-year Treasury note yield, which is used to set mortgage rates, fell to 2.49 percent from 2.60 percent on Monday.
# The Customer Always Comes Last
Credit card companies have demonstrated their disdain for their customers. The Fed needs to press them to live up to the law.
# Inflation in Europe Rises to Highest Level in 20 Months
Economists expect price pressures to remain in check as growth slows in most areas.
# Rates Fall as Market Fears Economic Weakness
As governments try to bring down deficits, investors seem more concerned by the possibility of renewed recession.
# Bank of Japan Holds Rates Steady
The Bank of Japan kept interest rates at 0.1 percent and stopped short of taking new policy steps.
# Fed to Meet, With Concerns on Deflation Rising
The Federal Reserve on Tuesday will face a key decision: whether to drop the idea that the economy is improving.
# Market Flexes Its Muscle to Push Rates Lower
Rates of all sorts — mortgage, Treasury, certificates of deposit — are being driven lower, and not by the Fed.
# Another Rate Increase Warning From Lenders
For the second time this year, lenders and market analysts are predicting that mortgage rates will rise.
# Trichet Offers Some Upbeat Comments About Europe
The European Central Bank left its benchmark rate at a record low, however, and its chief, Jean-Claude Trichet, noted that growth was occurring in “an environment of uncertainty.”
# No Fed Plans for More Economic Support, Bernanke Says
In a report to Congress, Ben S. Bernanke said that it would take significant time to restore the 8.5 million jobs lost in 2008 and 2009.

