Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade

World - ABC News - 9 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.

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

Federal Reserve cuts interest rates by a quarter point

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

Business - CNBC - 1 hour ago

Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

Business - The New York Times - October 25

China cuts benchmark lending rates by 25 basis points

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

Business - CNBC - October 21

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 - 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. - 49 minutes ago

‘DJT’ shares see sharpest decline in nearly 7 months with election days away

Shares of Trump Media & Technology Group fell more than 22% Wednesday.

Business - MarketWatch - October 30

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

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

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 recovery

World - ABC News - 5 hours ago

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

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

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 - 6 hours ago

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

World - ABC News - 7 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 impact consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.

Business - CNBC - 1 hour ago

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 - 1 hour ago

Indonesia leader sworn in with largest cabinet in decades

The ex-general, who was accused of rights abuse during his time in the military, was sworn in on Sunday.

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

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

Sweden will honor Blinken and others with knighthoods for their roles in its NATO accession

U.S. Secretary of State Antony Blinken and former NATO secretary-general Jens Stoltenberg will be knighted in Sweden for their role in enabling the Scandinavian country to join the world’s largest ...

World - ABC News - October 22

UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy ...

World - ABC News - October 16

European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over

Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.

Business - CNBC - October 23

Key points from the Budget at a glance

Chancellor Rachel Reeves has delivered Labour’s first Budget since 2010 – here’s what you need to know.

Sweden and Norway rethink cashless society plans over Russia security fears

Rise in hybrid warfare and cyber-attacks blamed on pro-Russia groups prompt Nordic neighbours to backpedal . Sweden and Norway are backpedalling on plans for cashless societies over fears that ...

World - The Guardian - October 30

Sweden scraps plans for 13 offshore windfarms over Russia security fears

Decision comes after military concludes projects would complicate defending Nato’s newest member against attack. Sweden has vetoed plans for 13 offshore windfarms in the Baltic Sea, citing ...

World - The Guardian - 3 days ago

Sweden stops plans for 13 offshore wind farms over security concerns

World - Yahoo News - 3 days ago

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 - 3 hours ago

Blackstone plans to list some of its largest investments

Sluggish asset sales hit third-quarter profits at world’s biggest private capital group

Business - Financial Times - October 17

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

Chiefs vs. Buccaneers NFL props, AI prediction, SGP, Monday Night Football picks: Patrick Mahomes over 0.5 INT

Monday Night Football prop picks and MNF SGPs for Tampa Bay vs. Kansas City for PrizePicks, Underdog Fantasy, Sleeper, DraftKings Pick6, and more

Sports - CBS Sports - 2 days ago

EU races to prepare for a Trump win

Bloc seeks to bolster aid to Ukraine, sanctions against Russia and trade policy in case Republican is re-elected

Business - Financial Times - October 25

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.

Over 3 decades, The Hill has changed the conversation

The Hill has become a respected news source in Washington, D.C. due to its fair reporting, talented journalists, and strong leadership, resulting in a significant increase in its audience and ...

Politics - The Hill - October 22

Latest in Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade