RSS Financial

ECB pumps 100 billion dollars back into money markets

ECB pumps $100 bn back into money markets

Multi-billion pound banks rescue unveiled
LONDON (Reuters) - Britain committed billions of pounds to a multi-pronged rescue plan for its banking system on Wednesday and joined other major economies in cutting interest rates to tackle the global financial crisis.

Money Markets

Squeeze on loan supply to push house prices lower
The scarcity of low-priced mortgage deals is hitting home sales