The Federal Reserve Just Cut Interest Rates by 50 Basis Pointsheres What Will Get Cheaper

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - Yesterday

What to know about the interest rate cut expected from the Federal Reserve

Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.

Top stories - CBS News - Yesterday

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - Yesterday

The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you

The second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.

Business - CNBC - Yesterday

Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - Yesterday

Federal Reserve cuts interest rate for second time in 2024

The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...

Top stories - CBS News - Yesterday

How the Federal Reserve interest rate cut could affect Americans

The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...

Top stories - CBS News - Yesterday

Federal Reserve cuts interest rates another quarter-point

The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.

Top stories - CBS News - Yesterday

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

The Federal Reserve lowers interest rates by 0.25 percentage points

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.

Top stories - CBS News - Yesterday

The Federal Reserve lowers interest rates by 0.25 percentage points

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.

Politics - CBS News - Yesterday

Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook

Two days after the election, the Federal Reserve will cut rates again.

Business - Inc. - 5 days ago

Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point

After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.

Business - Inc. - Yesterday

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

Top stories - CBS News - Yesterday

What the Fed rate cut means for HELOC interest rates

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

Federal Reserve interest rate news expected days after Trump wins 2024 election

The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.

Top stories - CBS News - Yesterday

China cuts benchmark lending rates by 25 basis points

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

Business - CNBC - October 21

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

What does the Fed's interest rate cut say about the state of the economy?

The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...

Top stories - CBS News - Yesterday

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

Federal Reserve lowers rates by a quarter point

The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.

Interest rates cut but Bank hints fewer falls to come

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.

Bank of England cuts interest rates to 4.75%

Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast

World - Financial Times - Yesterday

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

What Trump’s Win Means for the Federal Reserve and Jerome Powell

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

Business - The New York Times - Yesterday

What's the mortgage interest rate forecast for November 2024?

After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.

What's the CD interest rate forecast for November 2024?

Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.

What's a good HELOC interest rate now that rates are falling again?

HELOC interest rates are on the decline. Here's what a good rate looks like now that rates are falling again.

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

Euro falls to 2-month low as investors price in interest rate cuts

Single currency has dropped more than 2% against dollar so far this month

World - Financial Times - October 15

Surprise fall in inflation to 1.7% paves way for interest rate cuts

September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.

ECB Cuts Interest Rates Again as Eurozone Inflation Slows

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.

Business - The New York Times - October 17

European Central Bank, seeing no signs of recession, cuts interest rates again

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...

World - ABC News - October 17

ECB cuts interest rates to support flagging eurozone economy

Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown. Business live – latest updates The European Central Bank has intervened to ...

World - The Guardian - October 17

China cuts interest rates in battle to hit year-end growth target

Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growth

World - Financial Times - October 21

BoE expected to cut interest rates despite looser fiscal policy

UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demand

World - Financial Times - 5 days ago

The Federal Reserve Just Cut Interest Rates by 50 Basis Pointsheres What Will Get Cheaper

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