Eurozone inflation fell sharply in August to its lowest level since mid 2021, opening the way for the ECB to cut its key interest rate for the second time this year.
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CNBC - Business
Bank of England presses pause on rate cuts, highlights 'gradual approach'
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.35 minutes ago -
ABC News - World
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut1 hour ago - Federal Reserve -
MarketWatch - Business
Homeowners scramble to refinance as U.S. mortgage rates hit two-year lows
Mortgage applications rose 14.2% in the last week, the Mortgage Bankers Association said.2 hours ago - Mortgage -
MarketWatch - Business
‘I had 3 offers over 11 months’: With the Fed’s 50-basis-point cut, will I finally sell my house?
“It’s a momentous moment. Interest rates are finally declining.”6 hours ago -
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CNBC - Business
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.12 hours ago - Federal Reserve -
CBS News - Top stories
Why the Fed cut interest rates for the first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for ...13 hours ago - Federal Reserve -
The New York Times - Business
Fed Cuts Interest Rates for First Time in Four Years
Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong.13 hours ago - Federal Reserve -
CBS News - Top stories
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.15 hours ago - Federal Reserve -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...15 hours ago - Federal Reserve -
BBC News - Top stories
US interest rates cut by 0.5% in first drop in four years
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.15 hours ago -
MarketWatch - Business
The size of the Fed’s interest-rate cut doesn’t matter as much for your wallet as this other key decision
The Federal Reserve opted for a bold 50-basis-point cut Wednesday. It might only save you “a couple of bucks” — for now.15 hours ago -
The Guardian - World
Federal Reserve cuts US interest rates for the first time in four years
Central bank makes cuts after holding rates at two-decade high in aggressive bid to cool inflation. What will a Federal Reserve interest rate cut mean for you? The US Federal Reserve cut ...16 hours ago - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...16 hours ago - Federal Reserve -
ABC News - Top stories
Federal Reserve cuts interest rates for 1st time since 2020
"The time has come for policy to adjust," Fed Chair Jerome Powell said last month.17 hours ago - Federal Reserve -
CNBC - Business
Despite the Fed's first interest rate cut in years, it may be too soon to refinance your mortgage. Here's why
The Federal Reserve just made its first interest rate cut, which can influence mortgage rates. But it still may be too soon to refinance your mortgage.18 hours ago -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.22 hours ago - Federal Reserve -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.Yesterday -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.Yesterday -
MarketWatch - Business
3 ways the Fed interest-rate cut could jump-start buying and selling homes again
Home buyers and sellers could come off the sidelines after the Fed’s first interest-rate cut since 2020.Yesterday - Federal Reserve -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positiveYesterday -
ABC News - World
Vatican opens new investigation into leaks surrounding its 'trial of the century' probe
The Vatican prosecutor has opened a new investigation into the alleged leak of information about its “trial of the century” probe into a London property investmentYesterday -
MarketWatch - Business
Gold is giving you a once-in-a-generation buying opportunity on its way to 4,400
The upside breakout in gold prices has more room to run.Yesterday -
The New York Times - Top stories
New York Philharmonic Opens Its Season Amid Labor Talks and Troubles
The orchestra is working to negotiate a new contract with musicians, resolve a misconduct inquiry and hire a new chief executive.Yesterday - New York -
MarketWatch - Business
Corporate M&A activity expected to rise for the first time since 2021: EY
Artificial intelligence and lower interest rates will boost deals of $100 million or more after drops in 2023 and 2022, EY says.Yesterday