Euro zone inflation falls to 3 year low of 2.2%, backing September rate cut case

Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'

RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.

A key inflation measure drops to 2.1%. Here's the interest rate impact.

The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.

Inflation and interest rates tracker: see how your country compares

Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you

World - Financial Times - 2 days ago

Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines

The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed’s overall rate edges back to its 2 percent target.

Business - Inc. - 2 days ago

Will mortgage rates fall? Your Budget questions answered

Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.

How far will mortgage interest rates fall in November?

Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.

Will home equity loan interest rates fall in November?

Waiting for a chance to tap into your home equity at an affordable rate? Here's where rates could head in November.

Inflation falls to lowest level since 2021 in Fed’s preferred gauge

Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...

Politics - The Hill - October 31

BP's Profit Hits Four-Year Low on Commodity Market Weakness

BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.

Business - The Wall Street Journal - October 29

Why mortgage rates are back up to nearly 7%

The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.

Business - MarketWatch - October 24

China reports its economy grew at a 4.6% annual rate in the July-September quarter, below the government'S 5% target

World - ABC News - October 17

How back-to-back hurricanes could impact insurance rates across the U.S.

As Florida residents recover from hurricanes Milton and Helene, experts say the damage will likely worsen the home insurance crisis in the state and could lead to higher rates nationwide. CBS News ...

Four in 10 deaths in war zones last year were women, UN report finds

UN Women says figure doubled in 2023 amid ‘blatant disregard’ of laws that left women and children unprotected. The proportion of women killed in conflicts around the world doubled last year, with ...

World - The Guardian - October 23

Inflation Is Basically Back to Normal. Why Do Voters Still Feel Blah?

Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months.

Business - The New York Times - October 31

Latest in Euro zone inflation falls to 3 year low of 2.2%, backing September rate cut case