A report by brokerage Douglas Elliman Real Estate and appraiser Miller Samuel Inc released today indicated an influx of home property sales in the Manhattan, New York area in anticipation of increasing prices and interest rates.
interest rates
New data released by the US Federal Deposit Insurance Corporation reflected the increasing activity in structured products purchases by US banks to offset effects of low interest rates.
Analysts warned that unless the state of China address the USD1.6 trillion debt incurred by its municipalities via local government financing vehicles, interest rates would skyrocket.
Vitol SA obtains favorable LIbOR for its one year and three year credit lines.
The Fed Reserve's turnaround on tapering had opened better loan prospects for banks in India.
The higher interest rates imposed on small businesses hurt the Spanish recovery program.
The increase in interest rates and decrease in stock price took off the glow in consumer sentiment.
ECB's executive board member said that the bank's interest rates would remain the same as long as inflation stays moderate.
The chairman of the Chinese Banking Regulatory Commission allays fears of liquidity issues saying that the system has sufficient funds to cover all settlements.
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