Latest in Inflation slowed in August to 2.5%, a three year low, extending the consumer price index's cooling streak to five months and teeing up the Fed to begin cutting interest rates at a meeting next week.
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Fed poised to look past US election uncertainty with quarter-point rate cut
Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policyBusiness - Financial Times - 6 days ago -
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 - 4 days ago -
Here's what to expect with the Fed's rate cut decision on Thursday
The Federal Reserve will make a rate cut decision on November 7. Here's what economists expect.Top stories - CBS News - 3 days ago -
Fed May Cut Rates in Response to Tight Credit Conditions
This week, the central bank will likely announce reduced interest rates as low demand for loans continues.Business - Inc. - 3 days ago -
What a potential Fed rate cut could mean for the economy
As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...Top stories - CBS News - 2 days ago -
Why mortgage rates could be heading to 8%, despite a Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.Business - MarketWatch - Yesterday -
Trump’s win and the Fed’s rate cut are giving the stock market an open road
S&P 500 races ahead, and opportunities surface in solar power and crypto.Business - MarketWatch - 2 days ago -
Fed cuts rates by quarter point: What it means for your money
The Federal Reserve announced it will lower interest rates by a quarter point. It’s a decision that impacts everything from home loans to credit cards. NBC’s Christine Romans joins TODAY to break ...Top stories - NBC News - Yesterday -
As the Fed cuts rates, here’s which CDs are actually increasing their APYs
The general trend since September has been lower CD yields, but some are going in the opposite directionBusiness - MarketWatch - Yesterday -
Why the stock market can count on another Fed rate cut in December
The trend in short-term rates leading up to the U.S. presidential election usually persists.Business - MarketWatch - 8 hours ago -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - October 30 -
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
The UK Budget in five charts: Reeves limits BoE space for rate cuts
Central bank is nevertheless still likely to ease policy this year and nextBusiness - Financial Times - October 30 -
UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves
Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...World - The Guardian - October 16