Average US 30-year mortgage rate down to 4.32 pct.

WASHINGTON Average U.S. rates on fixed mortgages fell this week to their lowest point in two months. The decline follows the Federal Reserve's decision last week to hold off slowing its monthly bond purchases.

US 30-year mortgage rate steady at 4.57 pct.

WASHINGTON Average U.S. rates on fixed mortgages held steady this week, hovering near two-year highs. But rates could change quickly next week when the Federal Reserve addresses its bond purchase program.

Sensex ends 4-day fall ahead of growth report

Indian equities rose for the first time in five days ahead of a report today on the nation’s economic growth and a speech by US Federal Reserve chairman.

Sterling buoyed versus dollar on US easing speculation

LONDON: Sterling hit a near two-week high against the dollar on Tuesday, extending gains from the previous day when poor US retail sales data added to speculation the Federal Reserve may opt for another round of monetary stimulus to boost growth.

Analysts expecting Fed action

Anticipation is high that the Federal Reserve will announce some new step today to try to rejuvenate the U.S. economy and boost investor confidence. Just what that might be is unclear.

Bernanke Signals Further Easing Unlikely as Outlook Improves

Chairman Ben S. Bernanke is signaling that further Federal Reserve stimulus is unlikely unless the economy unexpectedly deteriorates.

Fed’s 17 Rate Forecasts May Confuse More Than Clarify

The Federal Reserve tried to bring more clarity to policy making in January by releasing Fed officials? forecasts for interest rates. Instead, it may be creating confusion.

Housing Curbs Fed Efforts to Boost Growth

Federal Reserve Chairman Ben S. Bernanke said the central bank’s efforts to spur economic growth are being blunted by impediments to mortgage lending, and he called for further steps to heal the housing market.

Payrolls Jump in U.S. Casts Doubt on Fed Rate Pledge: Economy

The U.S. jobless rate unexpectedly fell in January to the lowest in three years as payrolls climbed more than forecast, casting doubt on the Federal Reserve’s plan to keep interest rates low until late 2014.

Bernanke to plead economy's case

U.S. Federal Reserve Chairman Ben Bernanke will likely tell members of Congress on Thursday that the slowly improving economy may need more help from the Fed and that cutting the deficit too quickly could backfire.