Rates Mean End of Low Interest Costs
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Despite record federal deficits, the Bush administration has benefited from historically low interest payments, but as rates continue to rise, the era of cheap debt service may be over.
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The central bank is likely to keep interest rates at historical lows for now amid worries about weakening demand for electronics goods in the second half, economists said yesterday.
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Crippled credit markets earned some reprieve on Thursday as a key bank borrowing rate receded and the pace of deterioration in commercial paper issuance showed signs of abating.
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The Federal Reserveâs decision to cut interest rates by three-quarters of a percentage point should offer some comfort to consumers, with limits.
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The Federal Reserve slashes interest rates to 3.5%, as it aims to reduce the risk of a US recession.
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Business & money: Sixth successive month of price falls, and mortgage lending at two-year low despite rate cuts
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The Bank of England has decided that interest rates will stay the same despite a consumer slowdown. Your views?
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A decade of low-interest lending allowed U.S. consumers to run up debt. But with rates rising, they can no longer count on borrowing their way out of trouble
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The Bank of England today hinted that interest rates may have peaked as it said it was on course to meet its inflation target assuming that rates remain unchanged.
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With a fall in oil prices easing inflation concerns, the Federal Reserve is expected to continue its easy-does-it approach to raising interest rates, boosting a key rate by a moderate quarter-point at its final meeting of the year Tuesday.
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Despite record federal deficits, the  Bush administration has benefited from historically low  interest payments, but as rates continue to rise, the era of  cheap debt service may be over.
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Don't fall for overly high yields.
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Chancellor expected to make small concession by introducing a lower rate for entrepreneurs
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WASHINGTON: Another small hike in US interest rates is seen as a certainty when Federal Reserve policy-makers meet on Wednesday - a step on the march toward a level of rates necessary to underpin long-term expansion.
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Not too hot, not too cold--and no rate change for the rest of the year?
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WASHINGTON, Aug. 19 (Xinhuanet) -- The average interest rate of 30-year mortgages in the United States declined to the lowest level in four months this week, US mortgage giant Freddie Mac reported on Thursday.