Latest in The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper
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Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - 12 hours ago -
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 forecastWorld - Financial Times - 16 hours ago -
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 administrationWorld - Financial Times - 7 hours ago -
How Orbán seized the Trump moment to speak for Europe
Also in this newsletter: Italy’s second attempt to ship migrants to AlbaniaWorld - Financial Times - 55 minutes ago -
New U.S. economy data before next Fed interest rate decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.Top stories - CBS News - October 31 -
Would the Fed ever rely on AI to decide interest rate moves? The risks are high.
Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.Business - MarketWatch - 12 hours ago -
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 welcomeWorld - 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 electionBusiness - 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.Top stories - CBS News - 3 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 - 2 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. - Yesterday -
Why mortgage rates could be heading to 8%, despite a possible 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 - 13 hours ago -
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 - 9 hours ago -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - October 28 -
What's the CD interest rate forecast for November 2024?
Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.Top stories - CBS News - Yesterday -
What's a good HELOC interest rate now that rates are falling again?
HELOC interest rates are on the decline. Here's what a good rate looks like now that rates are falling again.Top stories - CBS News - 2 days ago -
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.Top stories - BBC News - October 15 -
Euro falls to 2-month low as investors price in interest rate cuts
Single currency has dropped more than 2% against dollar so far this monthWorld - Financial Times - October 15 -
Surprise fall in inflation to 1.7% paves way for interest rate cuts
September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.Top stories - BBC News - October 16 -
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.Business - The New York Times - October 17 -
ECB cuts interest rates to support flagging eurozone economy
Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown. Business live – latest updates The European Central Bank has intervened to ...World - The Guardian - October 17 -
China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growthWorld - Financial Times - October 21 -
BoE expected to cut interest rates despite looser fiscal policy
UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demandWorld - Financial Times - 4 days ago