Latest in How Trump’s win and the latest interest rate cut will affect you as a consumer, homeowner and investor
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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 - November 14 -
Fed eyes ‘gradual’ approach to cutting U.S. interest rates, minutes show
“Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ongoing uncertainty about the U.S. economy and the appropriate level of ...Business - MarketWatch - 4 days ago -
Fed Minutes Show Options Are Open on Interest Rate Cuts
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers favored lowering rates “gradually.”Business - The New York Times - 4 days ago -
Stock-market investors should treat Trump and Harris election playbooks with caution
Wall Street makes trading elections sound as easy as falling off a log. Reality often disappoints.Business - MarketWatch - November 4 -
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.Business - CNBC - November 1 -
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates stand near a record high.Top stories - ABC News - November 14 -
Trump may again seek cuts to Medicaid. Here’s who would be affected.
Experts say real spending reform will have to come in the form of cuts to Social Security and government health-insurance programs like Medicare and Medicaid.Business - MarketWatch - November 16 -
Why you should open a CD even as the Fed continues to cut rates
An additional Federal Reserve rate cut is expected to be issued this week. Here's why you should open a CD anyway.Top stories - CBS News - November 5 -
How Trump’s Immigration Plans Could Affect the Economy
Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, many economists say.Business - The New York Times - November 13 -
How will the Trump presidency affect student loan forgiveness?
President-elect Donald is returning to the White House after defeating Vice President Harris, but what will his second term mean for the millions of Americans with student loan debt?Politics - The Hill - November 18 -
How could Trump's tariffs affect Americans?
Prices could go up for items brought into the U.S. from Mexico, China and Canada if President-elect Donald Trump keeps his promise to impose tariffs on several countries once he takes the White ...Top stories - CBS News - 4 days ago -
Trump’s victory means fewer Fed rate cuts
“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.Business - MarketWatch - November 6 -
10 key takeaways for investors from Trump’s latest tariff threats
Last night, President-elect Donald Trump took to Truth Social to declare his intention to slap tariffs on China, Canada and Mexico shortly after taking office.Business - MarketWatch - 4 days ago -
How far will home equity loan interest rates drop in November?
Home equity loans could decline in November, but that isn't the only feasible possibility, experts say.Top stories - CBS News - November 4 -
How low will home equity loan interest rates drop in November?
There are a few events in November that could help push home equity borrowing rates lower, experts say.Top stories - CBS News - November 7 -
Here's how far HELOC interest rates have dropped this year
HELOC interest rates have dropped by a significant margin since January. Here's what borrowers should know now.Top stories - CBS News - November 8 -
How far have home equity loan interest rates fallen in 2024?
Home equity loan interest rates have been on a steady downward path all year. Here's what to know now.Top stories - CBS News - November 18 -
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 youWorld - Financial Times - November 20 -
How far have mortgage interest rates fallen in 2024?
Mortgage interest rates have moved up and down throughout 2024. Here's what to know now.Top stories - CBS News - November 20 -
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.Top stories - CBS News - November 5 -
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 -
Czech central bank cuts key interest rate to 4% as inflation stays low
The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recoveryWorld - ABC News - November 7 -
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation fallsWorld - ABC News - November 7 -
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 - November 7