Expectations that the Federal Reserve will this week emphasize plans to keep U.S. interest rates near zero left the dollar at a five-week low on Monday, while concerns about China’s stuttering economy pressured commodity markets. The Federal Reserve, the European Central Bank and the Bank of England meet this week. […]
Tag: US
Nigerian Minister Voluntarily Resigns
The Minister of State for Health, Dr. Muhammed Pate, Wednesday voluntarily resigned in order to resume at the Global Health Institute a US based Duke University. Professor Pate, in his resignation letter said his new portfolio would avail him a unique platform to participate in a university-wide Africa initiative while also […]
Housing Recovery Rides Mortgage Rate Roller Coaster
Mortgage rates are moving so fast and so dramatically that even reports from barely a week ago seem suddenly outdated. The average rate on the 30-year fixed conforming loan moved to its highest level in two years last week, according to the Mortgage Bankers Association weekly survey. That had a […]
