Friday, January 27, 2012

Bank of Japan holds rates steady!

The Policy Board of the Bank of Japan has announced that it has decided to leave rates unchanged at between 0% and 0.1%.

Thursday, January 19, 2012

S & P downgrades rating nine states eurozone!

Standard & Poor’s (S&P) has downgraded the sovereign credit ratings of nine members of the eurozone.
France has lost its “AAA” rating, having been downgraded one notch to “AA+”.

Wednesday, January 11, 2012

Began to rise mortgage rates for several days !

Mortgage Rates finally experienced their first noticeable move higher in 2012, although it should be noted that "noticeable" doesn't necessarily mean it was extreme. 

Tuesday, January 3, 2012

FSA: new rules on deposit protection publicity

The Financial Services Authority (FSA) is planning to make it obligatory for all banks, building societies and credit unions in the UK to prominently display how much compensation savers could claim in the event of an institution failing, and where from.