News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics

Trump chooses Susie Wiles as White House chief of staff

President-elect selects his 2024 campaign manager in first appointment to a major role in his administration

World - Financial Times - 8 hours ago

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World - Financial Times - 1 hour ago

News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics

World - Financial Times - 8 hours ago

Putin commends Trump victory – as it happened

This blog is closing now, thanks for following along. You can find all of the latest US elections stories here .. Ten key takeaways from Trump’s win The key swing states and counties that ...

World - The Guardian - 4 hours ago

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 policy

Business - Financial Times - 5 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 9 hours ago

Election-week Fed meeting won’t give markets the roadmap they want

Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...

Business - MarketWatch - 3 days ago

Fed goes quiet ahead of its Nov. 7 meeting, with quarter-point cut seen as likely

The central bank isn’t likely to change its mind, even with two key data points and presidential election coming before their meeting, economists said

Business - MarketWatch - October 28

Federal Reserve cuts interest rates by a quarter point

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

Business - CNBC - 12 hours ago

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 - 6 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. - 11 hours ago

Federal Reserve cuts interest rates another quarter-point

The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.

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The memoir of Putin’s murdered opponent is a worthy testament to his courage, defiance and humour

World - Financial Times - October 22

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - 12 hours ago

Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says

Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...

Business - MarketWatch - October 19

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - 14 hours ago

European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target

World - ABC News - October 17

European Central Bank, seeing no signs of recession, cuts interest rates again

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...

World - ABC News - October 17

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 - 17 hours ago

Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls

World - ABC News - 18 hours ago

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 - 10 hours ago

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 ...

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

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 - Yesterday

Fed cuts interest rates days after election

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

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 9 hours ago

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

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 - 12 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.

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

Top Trump economic adviser says big Fed rate cut was justified

Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins election

Business - Financial Times - October 18

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.

Business - Inc. - October 18

Will gold's price fall after this week's Fed rate cut?

The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.

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 - 12 hours ago

Latest in News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics

Trump chooses Susie Wiles as White House chief of staff

How Orbán seized the Trump moment to speak for Europe

News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics

Putin commends Trump victory – as it happened

Fed poised to look past US election uncertainty with quarter-point rate cut

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

Election-week Fed meeting won’t give markets the roadmap they want

Fed goes quiet ahead of its Nov. 7 meeting, with quarter-point cut seen as likely

Federal Reserve cuts interest rates by a quarter point

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

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

Federal Reserve cuts interest rates another quarter-point

Patriot — Alexei Navalny’s fight for a ‘beautiful Russia’, in his own words

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target

European Central Bank, seeing no signs of recession, cuts interest rates again

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls

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

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

Fed Leaders Favor Rate Cuts, But Differ on Pace

Trump’s victory means fewer Fed rate cuts

Fed cuts interest rates days after election

Fed cuts interest rates as Powell says he will not resign as chair

What will happen to mortgage rates after this week's Fed rate cut?

What the Fed rate cut means for mortgage interest rates

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

Federal Reserve lowers rates by a quarter point

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Top Trump economic adviser says big Fed rate cut was justified

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Will gold's price fall after this week's Fed rate cut?

Why the stock market can count on another Fed rate cut in December

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