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Analysis-Chinese banks in need of capital injection to give thrust to economic stimulus steps

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By Xie Yu and Sumeet ChatterjeeHONG KONG (Reuters) - As China steps up efforts to stabilise its economy with fresh stimulus, the country's top...
Bussiness

A global hunt for neutral to shape world finance costs

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By Howard Schneider and William SchombergWASHINGTON/LONDON (Reuters) - With key central banks now aligned in cutting interest rates a real-time experiment is underway in...
Bussiness

Asian Stocks to Rise as Dollar Strengthens on Yen: Markets Wrap

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(Bloomberg) -- Asian equities were primed to gain on Thursday as a weaker yen and Beijing stimulus measures supported the region’s two largest stock...
Bussiness

US 30-year mortgage rate slips to 6.13%, refinancing jumps

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(Reuters) - The interest rate for the most popular U.S. home loan ticked down to 6.13% last week, the lowest in about two years,...
Bussiness

For home shoppers, the Fed’s big rate cut is likely just a small step towards affording a home

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The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come.Even...
Bussiness

For home shoppers, the Fed’s big cut is likely just a small step towards affording a home

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The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come.Even...
Sports

For home shoppers, the Fed’s big cut is likely just a small step towards affording a home

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The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come.Even...
Bussiness

US 30-year fixed-rate mortgage falls to 6.09%

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WASHINGTON (Reuters) - U.S. mortgage rates dropped to the lowest level in more than 1-1/2 years this week and could fall further after the...
Bussiness

Mortgage rates inch closer to 6% following Fed rate cut

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Average 30-year fixed mortgage rates fell again this week to 6.09%, though the move wasn’t directly tied to the Federal Reserve’s rate cut on...
Bussiness

US home sales fell in August despite easing mortgage rates, more homes on the market

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LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as...
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The Federal Reserve is finally lowering rates. Here’s what consumers should know

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NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans,...
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Bank of England expected to hold interest rates as investors await November cut

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The Bank of England (BoE) is all but certain to hold rates at 5% on Thursday, having cut in August for the first time...
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