Federal Reserve interest rate news expected days after Trump wins 2024 election

The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.

What to know about the interest rate cut expected from the Federal Reserve

Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.

The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you

The second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.

Business - CNBC - 2 hours ago

Federal Reserve cuts interest rate for second time in 2024

The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...

Fed cuts interest rates days after election

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

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - 4 hours ago

The Federal Reserve lowers interest rates by 0.25 percentage points

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.

Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - 4 hours ago

How the Federal Reserve interest rate cut could affect Americans

The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...

Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook

Two days after the election, the Federal Reserve will cut rates again.

Business - Inc. - 4 days ago

Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point

After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.

Business - Inc. - 3 hours ago

What Trump’s Win Means for the Federal Reserve and Jerome Powell

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

Business - The New York Times - 6 hours ago

Federal Reserve lowers rates by a quarter point

The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.

Most in new survey expecting violence after Election Day

More than 6 in 10 Americans are preparing for violence after the Nov. 5 election, according to a poll released Thursday that signals deep dissonance in the country amid the hotly contested White ...

Politics - The Hill - October 24

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

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 - 3 hours ago

New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty

Trump’s proposed economic policies, particularly tariffs, are anticipated to push inflation up, making the Federal Reserve’s planned series of cuts much less certain.

Business - Inc. - 6 hours ago

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

Interest spikes in 4B movement after Trump win

The hashtag has thousands of videos, but more have been created after the presidential election.

Politics - The Hill - 9 hours ago

ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live

Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...

World - The Guardian - October 17

Watch live: Fed Chair Jerome Powell speaks after interest rate cuts

Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...

Politics - The Hill - 5 hours ago

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.

Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll

Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...

Politics - The Hill - October 14

NBC News projects Donald Trump wins 2024 presidential election

NBC News is projecting that Donald Trump has won the 2024 election and will be the 47th president of the United States. NBC News' Chuck Todd breaks down the result.

World awaits Harris address after Trump wins 2024 election

Vice President Kamala Harris is expected to address voters at Howard University on Wednesday after former President Donald Trump won the 2024 presidential race. CBS News' Aaron Navarro has the latest.

Top stories - CBS News - Yesterday

Stocks surge after Trump wins 2024 presidential election

The stock market reacted favorably to news of former President Donald Trump winning the 2024 presidential election. CBS News MoneyWatch correspondent Kelly O'Grady breaks down how the U.S. economy ...

Top stories - CBS News - Yesterday

Dow finishes at record high after Trump wins 2024 presidential election

The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers ...

Top stories - CBS News - Yesterday

What's the mortgage interest rate forecast for November 2024?

After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.

What's the CD interest rate forecast for November 2024?

Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.

Top stories - CBS News - Yesterday

Election Day 2024 live updates: Trump declares victory, claims 'powerful mandate'

Vice President Harris and former President Trump are awaiting the results of the presidential election, with the race remaining deadlocked and many pundits considering it a jump ball.

Politics - The Hill - Yesterday

How Trump’s win could shake up taxes, jobs and interest rates — and what that means for your money

You don’t need to be a rocket scientist to understand why Donald Trump won the U.S. presidential election. Most Americans have said, consistently, that the economy is on the wrong track.

Business - MarketWatch - 6 hours ago

Macron asks if Europe is prepared to defend its interests after Trump's win

France’s president Emmanuel Macron said Europe should not reflect on whether President-elect Trump’s victory is “good,” but instead consider how it will impact the continent's priorities. “I think ...

Politics - The Hill - 2 hours ago

Trump trade war ‘could push eurozone into full-blown recession’; UK and US expected to cut interest rates today – business live

Rolling coverage of the latest economic and financial news. City analysts overwhelmingly predict Bank of England interest rate cut Wall Street and bitcoin soar to record highs as Trump wins ...

World - The Guardian - 12 hours ago

US central bank lowers interest rates by quarter point as new Trump term looms

Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...

World - The Guardian - 4 hours ago

Latest in Federal Reserve interest rate news expected days after Trump wins 2024 election