The Bank of England could cut rates much faster than expected
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The New York Times - Business
Fed Announces Big Rate Cut
“We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates ...9 minutes ago - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...35 minutes ago - Federal Reserve -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.49 minutes ago -
ABC News - Top stories
Federal Reserve cuts interest rates for 1st time since 2020
"The time has come for policy to adjust," Fed Chair Jerome Powell said last month.1 hour ago - Federal Reserve -
CNBC - Business
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.1 hour ago - Federal Reserve -
Inc. - Business
The Federal Reserve cut interest rates by a half point. Here's what that could mean for business owners
Don't expect to see a big boost consumer spending right away, say experts.1 hour ago - Federal Reserve -
NBC News - Top stories
Federal reserve cuts interest rates by 0.5%
The Federal Reserve announced it's cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion ...2 hours ago - Federal Reserve -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.2 hours ago - Federal Reserve -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...2 hours ago - Federal Reserve -
Financial Times - Business
UK regulator pushes banks to give savers better value even as rates fall
FCA warns it will take action against any lenders that flout rules to protect depositors4 hours ago - United Kingdom -
CBS News - Top stories
Fed likely to cut interest rates, but size of cut unclear
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.5 hours ago - Federal Reserve -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...6 hours ago - United Kingdom -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economy6 hours ago -
CBS News - Top stories
Fed expected to cut benchmark interest rate, providing relief to consumers
Senior business and tech correspondent Jo Ling Kent explains what to expect from the Federal Reserve's anticipated rate cut and what it could mean for your finances.7 hours ago - Federal Reserve -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.7 hours ago -
NBC News - Top stories
Fed interest rate cut expected and global trail behind Hezbollah pager explosions: Morning Rundown
Hezbollah pager explosions, Diddy indictment, government funding, Harris NABJ interview, SALT tax, Home Depot settlement, Gisele Pelicot, France mass rape trial9 hours ago - Federal Reserve -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.9 hours ago -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.9 hours ago -
The New York Times - Top stories
Hezbollah Blames Israel for Deadly Pager Attack, and Fed Expected to Cut Rates
Plus, gymnast Jordan Chiles’s Olympic medal fight.10 hours ago - Federal Reserve -
MarketWatch - Business
3 ways the Fed interest-rate cut could jump-start buying and selling homes again
Home buyers and sellers could come off the sidelines after the Fed’s first interest-rate cut since 2020.10 hours ago - Federal Reserve -
The New York Times - Business
Wall Street Expects Half-Point Fed Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.11 hours ago - Federal Reserve -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...13 hours ago - United Kingdom -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.14 hours ago - Federal Reserve -
MarketWatch - Business
A Fed interest-rate cut could make small-cap stocks a good investment now
U.S. small-cap stocks have staged an epic rally over the past month as the Federal Reserve is set to cut interest rates for the first time since 2020. Has the time for small caps finally come?23 hours ago - Federal Reserve -
CNBC - Business
The Fed's biggest interest rate call in years happens Wednesday. Here's what to expect
While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how far policymakers will go.Yesterday -
CNBC - Business
U.S. crude oil rises more than 1%, closes above $71 per barrel amid Fed rate cut optimism
The oil market is also bracing for the Fed's decision Wednesday on interest rates.Yesterday - Federal Reserve -
MarketWatch - Business
The size of the Fed’s interest-rate cut — 25 vs. 50 basis points — doesn’t matter as much for your wallet as this other key decision
It’s the biggest question on Wall Street: How big will the Fed’s rate cut be? For most Americans, the difference between 25 and 50 basis points will be ‘practically nothing’ — at least at first.Yesterday -
CBS News - Top stories
Here's how a Fed rate cut could impact your credit card balance
The Federal Reserve is poised to lower interest rates on Wednesday. Here's how that would impact people with credit card balances.Yesterday - Federal Reserve -
CBS News - Top stories
How much will an $800,000 mortgage cost monthly after rate cuts?
Monthly payments on an $800,000 mortgage loan could soon become less expensive. Here's what to know now.Yesterday - Mortgage -
The New York Times - Business
Banking Deal Oversight to Get a Major Revamp
The F.D.I.C. and the Justice Department are changing how they evaluate mergers and acquisitions in the banking industry.Yesterday -
BBC News - Top stories
More than 140 Post Office convictions could be quashed in Scotland
Sub-postmasters across the UK were wrongly accused of crimes such as theft or fraud on the basis of a faulty IT system.Yesterday -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
CNBC - Business
Fed to cut rates by a quarter point with a soft landing expected, according to CNBC Fed Survey
The survey shows 84% of the 27 respondents, including economists, fund managers and strategists, see the Fed cutting by a quarter percentage point.Yesterday - Federal Reserve -
ABC News - Entertainment
Emmy Awards ratings up more than 50%, reversing record lows
The Emmys telecast on ABC reached nearly 7 million viewers, a jump of more than 50% from the record low of the last ceremony in JanuaryYesterday