Bank of England halves growth forecast and cuts rates to 4.5%

First Horizon CEO says he's cautious about interest rate cuts in 2025

CNBC's Jim Cramer highlights the regional bank space, talking with First Horizon CEO Bryan Jordan.

CNBC - Jan. 16

Treasury yields end at lowest levels in weeks on rate-cut possibilities

Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.

MarketWatch - Jan. 16

Fed Governor Waller sees potential for multiple interest rate cuts in 2025

In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.

CNBC - Jan. 16

Worst global growth for 6 years forecast due to tariffs

The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.

BBC News - Jan. 16

Bank of America profits boosted by loan growth and robust trading

Strong results echo other big Wall Street banks

Financial Times - Jan. 16

California fires weather forecast: Winds begin to relax, but forecast to return

The winds fueling fires in Southern California are beginning to relax, but the forecast calls for their return next week.

ABC News - Jan. 16

UK economy’s 0.1% growth fails to hit forecasts

November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence grows

Financial Times - Jan. 16

UK economy's disappointing November growth fuels the case for Bank of England rate cut

The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

CNBC - Jan. 16

Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts

Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%

CNBC - Jan. 16

Biden forgives $4.5 billion in student debt for 261,000 borrowers who attended now-defunct Ashford University

The Biden administration announced Wednesday that it would forgive $4.5 billion in student debt for 261,000 borrowers who attended Ashford University.

CNBC - Jan. 15

BoE may need to speed up rate cuts in coming year, policymaker says

Alan Taylor says stalling UK economy raises risks that five or six reductions will be needed

Financial Times - Jan. 15

Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

BBC News - Jan. 15

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

How do UK regulators plan to cut back rules and boost growth?

Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economy

Financial Times - Jan. 15

A global bond sell-off is deepening as investors pare Fed rate-cut expectations

A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.

CNBC - Jan. 14

Small-cap stocks face heightened risk with rate cuts in question, warns BofA

The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.

MarketWatch - Jan. 13

Wall Street stocks waver after robust US data puts brake on rate cut bets

Treasury yields rise to highest level since late 2023

Financial Times - Jan. 13

Air Traffic Growth Forecasts Clash With Climate Goals, Study Says

Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.

Inc. - Jan. 13

What's the CD interest rate forecast for 2025?

Planning to open a CD account? It may help to know where experts say CD rates could head this year.

CBS News - Jan. 13

California fires weather forecast: High winds could cause explosive fire growth

Higher humidity and lighter winds are forecast late in the week and into the weekend.

ABC News - Jan. 13

India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.

CNBC - Jan. 13

Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025

U.S. stocks are down so far in 2025 as market volatility climbs.

MarketWatch - Jan. 11

Surprising December jobs growth is denting chances of a first-half Fed rate cut

Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...

MarketWatch - Jan. 10

Jolted Australia are on the tear again – England have their work cut out

Healy’s side have reacted strongly again to World Cup pain and the tourists need to keep the series live until the Test. If you’re playing against the Australian women’s cricket team, there are ...

The Guardian - Jan. 10

Global 2025 Growth Forecast at Modest 2.8 Percent

An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.

Inc. - Jan. 10

Strong December job growth could augur fewer Fed interest-rate cuts

Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.

CBS News - Jan. 10

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - Jan. 10

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.

NBC News - Jan. 9

The Slow Growth of Hand-Painted Clothes

In an era of fast fashion, some yearn for clothing with a personal touch.

The New York Times - Jan. 9

Fed Governor Bowman says December interest rate cut should be the last

Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.

CNBC - Jan. 9

Why two Fed officials doubt the need for many more rate cuts

One official warned that “progress on inflation could continue to stall.”

MarketWatch - Jan. 9

U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks

An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.

The Wall Street Journal - Jan. 9

Sinner, Djokovic in opposite halves at the Australian Open, Sabalenka vs Stephens in 1st round

Defending champion Jannik Sinner and 10-time Australian Open winner Novak Djokovic have landed in opposite sides of the draw for the season’s first major, ruling out a replay of last year’s ...

ABC News - Jan. 9

Fed officials saw need for ‘careful approach’ to future rate cuts

Minutes from December meeting show policymakers are concerned about US inflation risks

Financial Times - Jan. 8

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts

Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premises

Financial Times - Jan. 8

Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.

Inc. - Jan. 8

Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.

MarketWatch - Jan. 8

Bank of England to relax rules for banks and insurers

PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation

Financial Times - Jan. 8

Latest in Bank of England halves growth forecast and cuts rates to 4.5%

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