Latest Central bank Stories
TheStreet and RateWatch Report Top CD Rate Issuers NEW YORK, May 7, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that national averages generally remained unchanged at record-low levels. The Federal Reserve last Wednesday surprised economists by stating that it would "increase or reduce" monetary stimulus as needed. Since late 2008, the Federal Reserve has continued to keep the short-term federal...
First National Innovation Brokers Providing Unprecedented Swap and Liquidity Solutions for the Argentina retail market. The collapsing peso has savers scrambling for solutions offered only by FNIB. Wilmington, DE (PRWEB) May 03, 2013 The hedge fund prime broker and forex retailer First National Innovation Brokers (FNIB) is financing real estate acquisitions in Argentina. The firm offers innovative solutions to the liquidity needs of buyers in opaque markets that lack traditional...
TheStreet and RateWatch Report Top CD Rate Issuers NEW YORK, April 2, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that National averages for 3-year CD rates ticked slightly lower to 0.52% from the prior week's 0.53%, but have generally remained unchanged at record-low levels. The Federal Reserve has continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008....
NEW YORK, March 13, 2013 /PRNewswire/ -- A new report by the World Gold Council, "Central bank diversification strategies - rebalancing from the dollar and the euro", examines the growing trend of central banks' actively looking to diversify their reserve portfolios. While the dollar is still the primary global currency, its long-term dominance is less certain. In response, central banks are reducing allocations to US dollars and euros while increasing purchases of traditional...
FRANKFURT AM MAIN, Germany, March 7, 2013 /PRNewswire/ -- European DataWarehouse (GmbH) (ED) is pleased to announce today that it has appointed Jose Manuel Gonzalez-Paramo as Chairman. Jose Manuel will oversee the direction of ED, which was created in mid-2012 with the support of the European Central Bank (ECB), the Eurosystem National Central Banks and global investors (through the Market Group and ECB Technical Working Groups) to respond to the need for full...
TheStreet and RateWatch Report Top CD Rate Issuers NEW YORK, Feb. 26, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that interest rates for savings products remained the same over the previous week with the national average on a 4-year and 5-year CD decreasing by 0.01 percent based on data collected from over 90,000 financial institution locations. (Logo:...
NEW YORK, Feb. 12, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that interest rates for savings products remained the same over the previous week based on data collected from over 90,000 financial institution locations. (Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b ) CD rates have generally remained unchanged at record-low levels. The Federal Reserve has continued to keep the...
LONDON, Jan. 31, 2013 /PRNewswire-iReach/ -- The Inflation Hub (http://www.inflationhub.com) is an educational website that aims to help people learn about inflation and how best to protect their savings in an inflationary environment. (Photo: http://photos.prnewswire.com/prnh/20130131/CG52467) The Central banks of the world's biggest economies are all in a 'battle' to devalue their currencies. By 'printing' enormous quantities of money through quantitative easing, central banks...
NEW YORK, Jan. 29, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that interest rates for savings products are holding steady. The average interest rate on a 5-year CD decreased by one basis point based on data collected from over 90,000 financial institution locations. (Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b ) Market yields for 10-year U.S. Treasury bonds reached the 2.00%...
NEW YORK, Jan. 22, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that the interest rate on a 6 month CD decreased 0.01 percent over the previous week based on data collected from over 90,000 financial institution locations. (Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b ) Bank deposits rates remain at historically low levels, as the Federal Reserve has kept its target range for...
