|
Exchange with reporters prior to discussions with Prime Minister Gro Harlem Brundtland of Norway.
|
Pres. Bill Clinton stated that the Federal Reserve's decision to increase interest rates will not significantly affect his administration's efforts at deficit reduction and economic growth promotion. He also dismissed the possibility of imposing sanctions against Norway for its decision to revive commercial whaling. However, Clinton noted that his administration is actively trying to forge an amicable agreement with Norway on the whaling issue.
May 17, 1994
Interest Rates <...
Related newspaper, magazine, and journal articles from HighBeam Research
|
Rising interest rates a time bomb for Reagan.
U.S. News & World Report
; ... recession. Finally, President Reagan called a halt to the assault on the central bank by adopting a conciliatory tone at his May 15 news conference. Members of the Federal Reserve Board do as well as they can, he said. Throughout the attack, Paul Volcker, the Fed ...
|
|
Texas Investors, Business Owners Have Different Takes on Higher Interest Rates.
Fort Worth Star-Telegram (Fort Worth, Texas) (via Knight-Ridder/Tribune Business News)
; ... to tepid from cold. Higher interest rates are definitely good news for retirees like Holmes, who will see an increase in the interest ... flow. On the flip side, higher interest rates are not such good news for people with adjustable rate mortgages, people who depend ...
|
|
As falling interest rates add zip to the economy -.
U.S. News & World Report
; ... their downward trend over the next 18 months it will be good news for anybody associated with the auto and housing markets.' Housing ... appliance business. Any decline in interest rates is positive news for the appliance industry,' notes J. B. Hoyt, manager of market ...
|
|
High anxiety. (low interest rates reflect economic stagnation) (Editorial)
National Review
; ... triumph after eight months in office is that interest rates haven't strayed from the 12-year Reagan-bush trend. But here's the bad news for Clintonomics enthusiasts. Today's flat interest rates appear to be a signal not of economic strength, but rather of economic ...
|
|
Prospectors hardest hit by escalating interest rates. (Gold Mining Report)
Northern Ontario Business
; Prospectors hardest hit by escalating interest rates Like the rest of the Canadian economy, high interest rates are affecting the mining and mineral exploration industry. However, the interest rates have different effects on different companies. And, as with individuals, the rich are better able to
|
|
Federal Reserve frustrated in effort to raise interest rates.
Portland Press Herald (Portland, ME)
; Byline: Edward D. Murphy May 10--The Federal Reserve Bank's nearly yearlong effort to raise interest rates, designed to stave off inflation without choking off economic growth, is having a hard time taking hold. Long-term interest rates, including mortgage rates, by all rights ought to be going up,
|
|
Low interest rates can point to deep-rooted weaknesses.(Business)
The Independent (London, England)
; Byline: STEPHEN KING Interest rate cuts are back on the agenda. It's a surprising result, given how low interest rates already are. Not everyone has got there yet. Only two of the nine members of the Bank of England's Monetary Policy Committee have so far voted in favour of a rate cut. And,
|
|
Rate hikes fail to gain traction ; Long-term interest rates aren't doing what the Fed wants them to do - at least not yet.
Portland Press Herald (Maine)
; EDWARD D. MURPHY Staff Writer Portland Press Herald (Maine) 05-10-2005 Rate hikes fail to gain traction ; Long-term interest rates aren't doing what the Fed wants them to do - at least not yet. Byline: EDWARD D. MURPHY Staff Writer Edition: FINAL Section: Business Memo: READER COMMENTS HOW ARE the
|
|
The price of profligacy; Economics focus.(Do bigger budget deficits cause higher interest rates?)
The Economist (US)
; Do bigger budget deficits cause higher interest rates? MITCH DANIELS, the top budget man in the Bush administration, last week acknowledged what private economists have known for months: that America has returned to an era of deficits in the nation's public finances . Only two years ago, Mr Daniels
|
|
When good news makes the stock market go bad, blame interest rates. (Originated from Knight-Ridder Newspapers)
Knight Ridder/Tribune News Service
; ... sell stocks following positive economic news, they're betting the Fed will think the ... shape the market's reaction to economic news. But others say that traders also have ... willing to sell at the slightest sign of bad news. During a ``bear'' market _ when stock ...
|