Latest in Fed cuts interest rate for third time this year as economic uncertainty looms
Sort by
2,298 items
-
10-year Treasury yield finishes higher for first time in four sessions
Yields on U.S. government debt finished slightly higher on Monday, as traders assessed geopolitical events ranging from the overthrow of Syria’s government to China’s efforts to kick-start its ...MarketWatch - Dec. 9 -
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - Dec. 9 -
China Eases Overall Monetary Policy Stance for First Time in 14 Years
Faced with a faltering economy and falling prices, the Politburo loosened the policy approach of China’s central bank and called for “extraordinary” measures.The New York Times - Dec. 9 -
China loosens monetary policy stance for first time in 14 years
Markets rally as Communist party officials to meet in coming days to discuss country’s economic policyFinancial Times - Dec. 9 -
Papers report on 'delight' in Syria but warn of uncertainty ahead
Most of Monday's papers lead on the rebels toppling the Assad regime, as Syrians celebrate its fall.BBC News - Dec. 9 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns
Bond giant says euro is vulnerable to further declines amid market ‘optimism’ over impact of Trump presidencyFinancial Times - Dec. 8 -
Playing political footsie with Trump 2.0 won’t cut it for Europe. It’s time to get tough | Simon Tisdall
The world must prepare for a US president who will be even more chaotic and less open to diplomacy and compromise than before. Sucking up to Donald Trump is the order of the day as the European ...The Guardian - Dec. 7 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - Dec. 6 -
Health-care quality rating at 24-year low: Gallup
Americans’ outlook on the quality of health care in the U.S. is at a 24-year low, according to a new survey. The Gallup poll, released Friday, shows 33 percent of U.S. adults said the quality of ...The Hill - Dec. 6 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
-
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - Dec. 6 -
Chevron cuts capital budget for first time since Covid-19 oil crash
Supermajor’s move comes despite Donald Trump’s pledge to unleash new US fossil fuel surgeFinancial Times - Dec. 5 -
HELOC interest rates fall to new 2024 low: Why you shouldn't wait to apply
With HELOC rates dropping to a 2024 low, it may not make sense for borrowers to wait longer to apply. Here's why.CBS News - Dec. 5 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
NFC North teams dominating at a rate that hasn't been seen in the NFL in nearly 40 years entering Week 14
The Lions, Vikings and Packers are all Super Bowl contendersCBS Sports - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.NBC News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Economic hardship looms over Ghana as country readies for polls
Election is being contested between vice-president Mahamudu Bawumia and former president John Mahama, under whom corruption ballooned. When the Ghanaian opposition leader Nana Akufo-Addo won the ...The Guardian - Dec. 3 -
B1G Time: Oregon looks to cap Big Ten power trifecta in first season as Penn State looms in league title game
The Ducks are one win away from taking down Ohio State, Michigan and Penn State -- all in their first Big Ten seasonCBS Sports - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2