• President Barack Obama said Friday that the possibility of a debt downgrade in the US would lead to higher mortage rates and other loan rates for everyone.

    FORBES: Obama: Debt Downgrade Means Higher Mortgage Rates

  • EU. Excluding mortage-interest payments, the rate of inflation fell from 2.3% to 1.8%, a 25-year low also touched in November and well below the 2.5% target set by the government.

    ECONOMIST: Overview

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