<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0">
<channel>
<title>Automotive Industry Today: Interest Rates News</title>
<link>http://automotive.einnews.com/news/interest-rates</link>
<description>Constantly updated news and information about automotive industry.</description><item>
<title>Home BancShares, Inc. Pre-Announces Year End Results</title>
<link>http://automotive.einnews.com/news.php?wid=207210734</link>
<pubDate>9 Jan 2009 00:31 GMT</pubDate>
<description>
...  real estate owned, merger expenses from our bank charter consolidation and an impairment write-down on  ...  a broad range of commercial and retail banking and related financial services to businesses, real  ...  plans to combine the charters of its banks into a single charter and adopt Centennial  ...
</description>
</item><item>
<title>European confidence declines to a record low</title>
<link>http://automotive.einnews.com/news.php?wid=207205622</link>
<pubDate>9 Jan 2009 00:03 GMT</pubDate>
<description>
...  The bleak data indicate the European Central Bank may continue cutting interest rates. European confidence  ...  may need &quot;to take the action on interest rates that goes with a very deep recession.&quot;  ...
</description>
</item><item>
<title>Base rate: how low can you go? &gt;</title>
<link>http://automotive.einnews.com/news.php?wid=207204801</link>
<pubDate>8 Jan 2009 23:38 GMT</pubDate>
<description>
... Today&#39;s 0.5 per cent cut by the Bank of England puts interest rates at their lowest since 1694 - the year Newton discovered gravity. And the reduction  ...
</description>
</item><item>
<title>Hail to Senator Schumer</title>
<link>http://automotive.einnews.com/news.php?wid=207203984</link>
<pubDate>8 Jan 2009 23:37 GMT</pubDate>
<description>
...  lead on this issue will encourage other banks to join in backing the proposed legislation.  ...  backing the proposed legislation. Plans to lower interest rates are helpful but may not stabilize the  ...
</description>
</item><item>
<title>Bank of England rate is lowest in 315 years</title>
<link>http://automotive.einnews.com/news.php?wid=207203757</link>
<pubDate>8 Jan 2009 23:37 GMT</pubDate>
<description>
... Bank of England cuts interest rate to a  ...  because of London&#39;s role as an international banking and commercial center. Nationwide unemployment is at  ...  loose. In Britain as in the U.S., banks and other financial institutions have kept a  ...
</description>
</item><item>
<title>Europe contracts at rates not seen since 1930s</title>
<link>http://automotive.einnews.com/news.php?wid=207202748</link>
<pubDate>8 Jan 2009 23:34 GMT</pubDate>
<description>
...  constraints of monetary union. It cannot slash interest rates or devalue, and it has already exhausted  ...  Berlin is now preparing the part-nationalisation of Commerzbank by taking a 25pc stake in exchange  ...  a fresh &amp;euro;10.5bn capital injection for its banks. Jacques Cailloux, from the Royal Bank of  ...
</description>
</item><item>
<title>A Weak Economic Start For Australia In 2009</title>
<link>http://automotive.einnews.com/news.php?wid=207202674</link>
<pubDate>8 Jan 2009 23:34 GMT</pubDate>
<description>
...  of a fall of just 1.5%. ANZ Bank economist Alex Joiner noted it was the  ...  the overall economy remains weak. This means interest rates are likely to come down further. He  ...
</description>
</item><item>
<title>Moderate advance on gold</title>
<link>http://automotive.einnews.com/news.php?wid=207202607</link>
<pubDate>8 Jan 2009 23:34 GMT</pubDate>
<description>
...  as the dollar weakened against other major currencies, including the euro and the British pound,  ...  and the British pound, even after the Bank of England cut its official interest rate  ...  lowest level in its 315-year history. Lower interest rates can spur economic activity, but have a  ...
</description>
</item><item>
<title>Dollar Down as Traders Worry about U.S. Jobs Report</title>
<link>http://automotive.einnews.com/news.php?wid=207202486</link>
<pubDate>8 Jan 2009 23:34 GMT</pubDate>
<description>
...  of a rally. With the European Central Bank expected to knock rates down on January  ...  USD after the Bank of England cut interest rates only 50 basis points to 1.50%. Although  ...  New Zealand. Lower rates usually weaken the currency. Please do not hesitate to contact us  ...
</description>
</item><item>
<title>UPDATE 1-Hoenig; Fed needs plan to withdraw liquidity</title>
<link>http://automotive.einnews.com/news.php?wid=207202281</link>
<pubDate>8 Jan 2009 23:33 GMT</pubDate>
<description>
...  of,&quot; he said. The Fed has cut interest rates aggressively and launched a range of lending  ...  and surge mortgage defaults. The U.S. central bank lowered rates near zero from 5.25 percent  ...
</description>
</item><item>
<title>British interest rates cut to 315-year low</title>
<link>http://automotive.einnews.com/news.php?wid=207201889</link>
<pubDate>8 Jan 2009 23:32 GMT</pubDate>
<description>
... London, Jan 9 (IANS) The Bank of England Thursday cut the base rate  ...  at 2 percent, said that cuts in interest rates since October 2007, coupled with a substantial  ...
</description>
</item><item>
<title>Gold prices post moderate advance as dollar weakens; other commodities fall on economic woes</title>
<link>http://automotive.einnews.com/news.php?wid=207201815</link>
<pubDate>8 Jan 2009 23:32 GMT</pubDate>
<description>
...  as the dollar weakened against other major currencies, including the euro and the British pound,  ...  and the British pound, even after the Bank of England cut its official interest rate  ...  lowest level in its 315-year history. Lower interest rates can spur economic activity, but have a  ...
</description>
</item><item>
<title>Bank of England cuts interest rate to a record 1.5%</title>
<link>http://automotive.einnews.com/news.php?wid=207201588</link>
<pubDate>8 Jan 2009 23:32 GMT</pubDate>
<description>
... Bank of England cuts interest rate to a  ...  because of London&#39;s role as an international banking and commercial center. Nationwide unemployment is at  ...  loose. In Britain as in the U.S., banks and other financial institutions have kept a  ...
</description>
</item><item>
<title>Stocks Mixed After Retail Sales Data</title>
<link>http://automotive.einnews.com/news.php?wid=207201352</link>
<pubDate>8 Jan 2009 23:31 GMT</pubDate>
<description>
...  signs of continued improvement. The three-month London interbank offered rate, a measure of how much banks charge each other for short-term loans, fell  ...  government-controlled mortgage giant Freddie Mac said that interest rates on a 30-year fixed mortgage dropped to  ...
</description>
</item><item>
<title>Bull Market Dividends Were a Sign of Lax Lending</title>
<link>http://automotive.einnews.com/news.php?wid=207201351</link>
<pubDate>8 Jan 2009 23:31 GMT</pubDate>
<description>
...  mirage stemming from optimistic accounting, particularly at banks. In other cases, the cash was real  ...  would be no increased payment unless market interest rates rose. The new mortgages ended that. Some  ...  were common. Many companies were financed by bank lines of credit that had to be  ...
</description>
</item></channel>
</rss>
