European Central Bank Cuts Rates for Second Time in Three Months
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ABC News - Top stories
Fed cuts interest rates a half point in landmark policy shift
"The time has come for policy to adjust," Fed Chair Jerome Powell said last month.10 minutes ago - Federal Reserve -
The New York Times - Business
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race.23 minutes ago - Joe Biden -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...51 minutes ago - Federal Reserve -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.2 hours ago -
Financial Times - Business
FCA pushes banks to give savers better value even as rates fall
Watchdog warns it will take action against any lenders that flout rules to protect depositors2 hours ago -
CBS News - Top stories
Fed likely to cut interest rates, but size of cut unclear
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.3 hours ago - Federal Reserve -
MarketWatch - Business
‘It’s a momentous moment’: I’m selling my house. With the Fed poised to finally cut interest rates, is this the perfect time?
“I had three offers over 11 months, one more frustrating than the next.”3 hours ago -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.4 hours ago - Federal Reserve -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...4 hours ago - United Kingdom -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economy4 hours ago -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.5 hours ago - Federal Reserve -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.5 hours ago -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.7 hours ago -
The New York Times - Business
Wall Street Expects Half-Point Fed Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.9 hours ago - Federal Reserve -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positive10 hours ago -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.13 hours ago - Federal Reserve -
NBC News - Top stories
North Korea fires short-range ballistic missiles for second time in a week
North Korea fired multiple short-range ballistic missiles on Wednesday toward its east coast, South Korea and Japan said.14 hours ago - North Korea -
CBS News - Top stories
How one first-time homebuyer spent three years searching for a house
The real estate market is especially tough for first-time homebuyers like Shruti Chauhan, who has been hunting for years.20 hours ago -
The Guardian - World
Senate Republicans block bill to ensure IVF access for second time
Measure falls short of 60-vote majority as Democrats highlight election issue after Alabama court decision. US politics – live updates Senate Republicans voted on Tuesday afternoon to block ...21 hours ago - Republican Party -
NBC News - Top stories
A Fed rate cut is coming. How big is anyone's guess.
The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower.22 hours ago - Federal Reserve -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...22 hours ago -
MarketWatch - Business
Cash was king — but these bonds are outperforming ahead of Fed rate cuts
A popular ‘T-bill and chill’ trade is about to become a lot less cool as the Fed starts lowering interest rates.23 hours ago - Federal Reserve -
CBS News - Top stories
What to know about buying a home before the Fed cuts rates
The Fed's rate cut this week could have an impact on the homebuying process. Here's how.23 hours ago - Federal Reserve -
CBS News - Top stories
How much will an $800,000 mortgage cost monthly after rate cuts?
Monthly payments on an $800,000 mortgage loan could soon become less expensive. Here's what to know now.23 hours ago - Mortgage -
MarketWatch - Business
Make this last-minute money move before the Fed’s interest-rate cut
Plus, tips for how savers and spenders can prep for the first interest-rate cut since 2020Yesterday -
CBS News - Top stories
What will happen to gold prices after the Fed cuts rates?
Here's what you can expect to happen to the price of gold after the Fed rate cut happens this week.Yesterday - Federal Reserve -
Financial Times - World
Market speculation about the next Fed rate cut masks deeper issues
Even so, perma-critics of the US central bank are cracking their knuckles in anticipationYesterday - Federal Reserve -
MarketWatch - Business
A possible Fed interest-rate cut boosts home builders confidence
Builder sentiment rose as mortgage rates fell, the National Association of Home Builders said.Yesterday - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Banks, Stocks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
Yahoo News - World
Budapest and Poland's Wroclaw reinforce their river banks ahead of more flooding in central Europe
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The New York Times - Business
What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what lowered interest rates will mean for your car loans, credit cards, mortgages, savings and student loans.Yesterday - Federal Reserve -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.Yesterday -
ABC News - Sports
White Sox on 3-game winning streak for first time in nearly 3 months after beating Angels 8-4
Andrew Benintendi homered twice for the third time this season and drove in four runs, and the Chicago White Sox beat the Los Angeles Angels 8-4 for their first three-game winning streak in nearly ...Yesterday - MLB -
CNBC - Business
India's central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.Yesterday