The Fed Cut
The US Federal Reserve Bank dropped its core lending rate by 0.75% yesterday, from 4.25% to 3.5%. There is even talk of a further 0.5% reduction. What does this...
אושרה ייצוגית בסך 7 מיליארד שקל נגד שלושת הבנקים הגדולים בגין תיאום ריביות ועמלות
Wow! Just yesterday I was telling you about how Igud is being sued. Now they’re going after the “big three” as the article in The Marker refers to Leumi,...
תביעה: אגוד גבה עמלות יתר על פירעון מוקדם של הלוואה
אגוד גבה עמלות יתר על פירעון מוקדם של הלוואות Does Igud (Union Bank) owe you money? If you refinanced or paid off a mortgage from there, they probably do....
Housing market (UK) closest to slump for 15 years
This just in from the world’s leading anti-Zionist quality daily: Housing market (UK) closest to slump for 15 years Real estate prices fell in the US. They are now...
US inflation rate at 17 year high
האינפלציה בארה”ב בשיא של 17 שנים – 4.1% – Inflation in the US is the highest it’s been for 17 years. In Israel inflation was reported at 0.6% for...
0.5% inflation seen for December
0.5% inflation seen for December Key quote from Globes: ” Despite the high expected December CPI, the Bank of Israel is expected to keep the interest rate for February...
תחרות הבנקים על משקי הבית עולה מדרגה: הפועלים
תחרות הבנקים על משקי הבית עולה מדרגה: הפועלים Those of us who are in banks daily know that Poalim has been very quietly waiting. While other banks have been...
UBS gives a "buy" rating to the Israeli Banks?????
ב-UBS מתלהבים ממגזר הבנקאות בישראל: מעניקים המלצת קניה Not long ago, I postulated that Israeli banks were exaggerating their exposure to the “sub-prime” crisis that is wreaking havoc in...