Latest in Bank of England cuts main interest rate by a quarter point to 4.75% after UK inflation falls
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Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.Business - MarketWatch - November 12 -
Avis’s stock slides after third-quarter earnings fall short of estimates
Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.Business - MarketWatch - October 31 -
UK must rebuild post-Brexit relations with EU, says Bank of England boss
Governor Andrew Bailey delivers his strongest comments yet on the UK's departure from the EU.Top stories - BBC News - November 15 -
Fed goes quiet ahead of its Nov. 7 meeting, with quarter-point cut seen as likely
The central bank isn’t likely to change its mind, even with two key data points and presidential election coming before their meeting, economists saidBusiness - MarketWatch - October 28 -
HELOC interest rates are falling. Here's how much further they can drop this November.
HELOC interest rates are on the decline, but will they continue to fall this November? Here's what to know.Top stories - CBS News - November 4 -
HELOC interest rates drop to their lowest point in 2024: Why you should open one now
HELOC interest rates hit a new 2024 low this week. Here's why homeowners should consider opening one right now.Top stories - CBS News - 2 days ago -
Larry Fink says the Fed won't cut interest rates as much as markets expect this year
"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.Business - CNBC - October 29 -
The Fed is expected to cut interest rates again Thursday. Here's everything you need to know
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.Business - CNBC - November 6 -
How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor
Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.Business - MarketWatch - November 8 -
The stock market is expecting more interest-rate cuts than the Fed can give
The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.Business - MarketWatch - November 9 -
Minneapolis Fed president says another interest rate cut in December is "certainly possible"
Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" ...Top stories - CBS News - November 10 -
Dozens of retailers jacked up interest rates on store cards ahead of Fed cuts
Dozens of retailers, including Macy's, Gap and TJ Maxx, increased APRs on their store credit cards before the Federal Reserve cut rates, padding their profits.Business - CNBC - Yesterday -
Coinbase’s stock falls nearly 5% as earnings fall short of estimates
Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.Business - MarketWatch - October 31 -
UK economic growth slows to 0.1% as budget jitters and high interest rates take toll
Blow to Rachel Reeves as first quarter under Labour shows services and manufacturing struggled in run-up to budget. Business live – latest updates The UK economy slowed to a near-standstill in ...World - The Guardian - November 15 -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - October 29 -
Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decadeWorld - ABC News - November 7 -
UK inflation creeps back
October’s sharp acceleration cements expectation that Bank of England will delay rate cutsWorld - Financial Times - 2 days ago -
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.Top stories - CBS News - November 5 -
What will happen to home equity loan rates after this week's Fed rate cut?
Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.Top stories - CBS News - November 5