BoE must take ‘gradual approach’ to rate cuts after Budget, Bailey says

Bank governor tells MPs it will take time to assess the impact of national insurance rise

Business - Financial Times - 7 hours ago

The UK Budget in five charts: Reeves limits BoE space for rate cuts

Central bank is nevertheless still likely to ease policy this year and next

Business - Financial Times - October 30

ECB must commit to faster rate cuts, says Bank of Italy governor

Fabio Panetta sees risk of inflation falling ‘well below’ central bank’s 2% target amid stagnant demand

Business - Financial Times - 11 hours ago

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 - November 4

Boeing Says Plane Production Restart Will Take Weeks

After striking for almost two months, workers will return to factory floors in the Pacific Northwest, but must ensure safety procedures are followed as it begins building 737 jetliners.

Business - Inc. - 6 days ago

UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’

Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.

Fed cuts interest rates days after election

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

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

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.

Global plastic production must be cut to curb pollution, study says

Analysis lays bare huge challenge of mismanaged waste on eve of UN plastic treaty talks in Busan. Global plastic production must be reduced to tackle the immense challenge of plastic pollution , ...

World - The Guardian - 5 days ago

BT says UK Budget will lift costs by £100mn as it lowers revenue guidance

Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’

World - Financial Times - November 7

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...

World - The Guardian - October 31

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%

World - ABC News - November 7

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - November 7

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 ...

Collapsed London Capital & Finance operated as Ponzi scheme, court rules

High Court judge finds individuals connected with scandal liable for damages

Business - Financial Times - 5 days ago

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Business - MarketWatch - 5 days ago

Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.

Business - The New York Times - 5 days ago

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

Will gold's price fall after this week's Fed rate cut?

The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.

Inflation rises 2.6% in October after Fed starts interest rate cuts

U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...

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 - 4 days ago

Boeing takes a hit

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Boeing posts $6B loss ahead of union vote On Wednesday morning, Boeing reported ...

Politics - The Hill - October 23

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.

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.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - November 7

Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win

Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - 6 days ago

Why credit card rates remain high, even after interest rate cuts

Credit card interest rates stand near a record high.

European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over

Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.

Business - CNBC - October 23

Boeing delivers fewest planes since 2020, warns factory restart after strike will take weeks

Boeing handed over 14 airplanes in October and said it will be several weeks before production can fully resume.

Business - CNBC - November 12

Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs

Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.

Business - CNBC - October 25

More growth, inflation and uncertainty: the BoE’s Budget verdict

Spending boost has reinforced the monetary policy committee’s caution about scope for further interest rate cuts

World - Financial Times - November 7

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

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

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