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 - 5 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

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

‘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 - 1 hour 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 - 2 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 - 2 hours 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 - 2 days ago

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

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

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

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

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

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.

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

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

Which gold investment is best when rates are cut?

Some gold assets are better than others when interest rates are dropping, experts say.

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 - 22 hours ago

Interest rates cut but Bank hints fewer falls to come

The comments come after interest rates were cut to 4.75% from 5%.

Bank of England cuts interest rates to 4.75%

Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast

World - Financial Times - 1 hour ago

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