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Current Interest Rates

Fed's Yellen: current interest rates appropriate (Reuters via Yahoo! News)
San Francisco Federal Reserve Bank President Janet Yellen on Tuesday said U.S. interest rates have been lowered far enough to bolster economic growth later this year.

Polish Interest Rates Remain On Hold (Nasdaq)
(RTTNews) - Wednesday, the National Bank of Poland left its interest rates unchanged as expected. The reference rate, which is the benchmark, was held at 5.75%.

India Fin Min Adviser:Raising Interest Rates Won't Curb WPI (Nasdaq)
NEW DELHI -(Dow Jones)- Raising interest rates is not suitable for taming surging inflation in India, the economic adviser to the finance minister said Wednesday.

Tata Motors Group FY08 Net Dips Marginally On High Interest Rates, Input Costs (Nasdaq)
(RTTNews) - Tata Motors Ltd., India's largest automobile company, reported a marginal dip in its consolidated net profit for the fiscal year ended March 31, 2008, despite under pressure due to rising interest rates, constraints in availability of vehicle financing from outside sources and unprecedented increased in input costs.

Interest rates rise in Treasury auction (Richmond Times-Dispatch)
WASHINGTON -- Interest rates on short-term Treasury bills rose in yesterday's auction to the highest levels in three months. The Treasury Department auctioned $25 billion in three-month bills at a discount rate of 1.870 percent, up from 1.855 percent last week. An additional $23 billion in six-month bills was auctioned at a discount rate of 1.920 percent, up from 1.885 percent last week.

Norway central bank keeps interest rates steady at 5.5 pct as expected UPDATE (The Forex Market)
OSLO (Thomson Financial) - Norges Bank, the Norwegian central bank, has left its key policy rate unchanged at 5.5 percent, as expected by economists, but signalled interest rates could rise further in a bid to hold back Norway's oil-fuelled economy.

How the Federal Reserve sets interest rates (USA Today)
The Federal Open Market Committee

(AFX UK Focus) 2008-05-29 14:36 Hungary finance ministry meets central bank amid clamour over interest rates (Interactive Investor)
BUDAPEST (Thomson Financial) - Hungary's finance ministry will meet central bank officials to discuss the country's inflation target amid growing criticism of the bank's recent round of interest rate hikes.

No more discounted interest rates for MO student loans (St. Joseph News-Press)
A plan that is footing construction costs for improvements at two area universities took more hits Tuesday when politicians learned the state’s student loan authority no longer would offer discounted interest rates, possibly as a result.

Dollar Rises to 2-Week High as Fisher Signals Rates May Rise (Bloomberg.com)
May 29 (Bloomberg) -- The dollar rose to a two-week high against the euro after Federal Reserve Bank of Dallas President Richard Fisher said the central bank will raise interest rates should consumers expect faster inflation.