Latest in The Federal Reserve cuts interest rates by another quarter point. Here's what that means for you
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Fed cuts by a quarter point, indicates fewer reductions ahead
The Federal Reserve on Wednesday announced its decision on interest rates.CNBC - 6h -
The Federal Reserve cuts interest rates by another quarter point. Here's what that means for you
The central bank has now shaved a full percentage off its benchmark rate since September. Here's what it means for your borrowing costs.CNBC - 7h -
Here’s what a blockbuster Nissan-Honda merger could mean for the auto industry
Nissan and Honda are understood to be exploring a blockbuster merger as the two rival companies seek to stay competitive on the road to full electrification.CNBC - 10h -
The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction
Inflation just hit a five-month high in November and asset prices are smashing records.Inc. - 12h -
Fed Cuts Interest Rates, but Projects Fewer Reductions in 2025
Federal Reserve officials projected just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress.The New York Times - 5h -
Fed lowers rates by 0.25 percentage point, but expects fewer cuts
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.CBS News - 6h -
Dow plummets 1,100 points after Fed scales back plans for interest rate cuts
The Fed cut interest rates a quarter of a percentage point on Wednesday.ABC News - 6h -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 6h -
Dow loses 1100 points after Fed projects fewer rate cuts
The stock market closed with steep losses Wednesday after the Federal Reserve cut interest rates but projected higher borrowing costs and steeper inflation for 2025. The Dow Jones Industrial ...The Hill - 6h -
Jerome Powell on U.S. economy after Federal Reserve interest rate cut decision
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...CBS News - 7h -
What the Fed's December rate cut means for mortgage interest rates
Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.CBS News - 8h -
The Fed cut interest rates by another 25 basis points—here’s what will get cheaper
The Fed has cut its benchmark interest rate by 1% since September, making borrowing cheaper for credit cards, loans and auto financing.CNBC - 8h -
Fed cuts interest rate for third time this year as economic uncertainty looms
The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears to be a steady but cooling economy.NBC News - 8h -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 9h -
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.CBS News - 9h -
Fed cuts interest rates by quarter point despite firmer inflation
The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday, in line with market expectations, even as inflation has reaccelerated over the past two months. Fed officials ...The Hill - 9h -
Federal Reserve decision coming on final interest rate cut for 2024
The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News' Kelly O'Grady has more on what's expected.CBS News - 9h -
The Fed has a big interest rate decision coming Wednesday. Here's what to expect
Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter percentage point.CNBC - 11h -
Federal Reserve set to announce last decision of the year on interest rates
The Federal Reserve will release its final decision of the year regarding interest rates later today. This will be the final interest rate decision before President-elect Trump takes office.NBC News - 12h -
Here's what to know as the Federal Reserve is expected to make another rate cut
CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about what to expect and the impact of the Federal Reserve's final interest rate decision of 2024, which happens Wednesday.CBS News - 13h -
Fed expected to make another cut in final interest rate decision of 2024
The Federal Reserve on Wednesday will make its final interest rate decision of 2024 with a 0.25 percentage point cut expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 14h -
Here's what to expect from the Fed's interest rate decision this week
The Federal Reserve will announce a rate decision on Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.CBS News - 2d -
Here's what we now know about the European Central Bank's rate cut plans
Policymakers in Frankfurt indicated a clear dovish shift, but exactly where they will stop rate cuts remains a topic of debate.CNBC - 2d -
3 credit card interest rate mistakes that are costing you money now
If you're making these card rate mistakes, you're probably paying too much for your credit card debt.CBS News - 5d -
Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025
Persistent inflation probably won’t stop a December rate cut, but it could affect the course of monetary policy for the next two years.Inc. - 5d -
Federal Reserve is likely to cut interest rates next week. Here's what that means for you
The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high interest charges.CNBC - 5d -
Here's what Trump's plans to extend his tax cuts could mean for you
President-elect Donald Trump has said he wants to extend the 2017 tax cuts, plus throw in a few more. Here's what to know.CBS News - 5d -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - 6d -
ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new ...ABC News - 6d -
Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength
The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.CNBC - 6d -
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.Inc. - Dec. 11 -
CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. ...CBS News - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.CNBC - Dec. 2