UK regulator pushes banks to give savers better value even as rates fall
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The New York Times - Business
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.3 hours ago -
ABC News - Top stories
Average rate on a 30-year mortgage falls to 6.09%, lowest level since February 2023
The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week and is now at its lowest level since early February 20233 hours ago -
MarketWatch - Business
Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home
The 30-year mortgage rate is averaging 6.09%, Freddie Mac said in its latest weekly survey on Thursday.4 hours ago - Mortgage -
MarketWatch - Business
When the interest-rate cut will hit your mortgage, car loan, credit-card bills and savings accounts
Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a while5 hours ago -
BBC News - Top stories
Interest rates held at 5% but set to fall gradually, says Bank
Economists are betting on rates being held in September with a cut to come in November instead.6 hours ago -
CNBC - Business
From mortgages to auto loans, experts weigh in on when — or if — to refinance as interest rates fall
The Federal Reserve just cut interest rates by a half point. That may open up some refinancing opportunities for borrowers, depending on the type of loan.6 hours ago -
CNBC - Business
Bank of England presses pause on rate cuts, highlights 'gradual approach'
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.6 hours ago -
Financial Times - World
Nigel Farage to give up ownership of Reform UK
Leader will ‘surrender’ shares in efforts to normalise party structure6 hours ago - United Kingdom -
CBS News - Top stories
Personal loans vs. credit cards: Which is better as interest rates drop?
Both options have unique benefits in today's cooling rate climate. Here's what to know now.6 hours ago -
Financial Times - Business
Bank of England holds rates at 5%
MPC indicates it may lower borrowing costs again as soon as November7 hours ago -
ABC News - World
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago7 hours ago - Federal Reserve -
ABC News - World
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut9 hours ago - Federal Reserve -
The New York Times - Business
Bank of England Holds Rates Steady but Signals Gradual Easing
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.9 hours ago -
BBC News - Top stories
I'm giving up ownership of Reform UK, says Nigel Farage
Reform UK is overhauling the way the party is run to give members more say at its annual conference.10 hours ago -
The Wall Street Journal - World
Norges Bank Holds Key Rate, First Cut Seen at Beginning of 2025
Norway’s central bank held its key policy rate at 4.5%, a level that is expected to remain unchanged until the end of the year as a weak krone continues to threaten efforts to bring inflation down.12 hours ago -
The New York Times - Top stories
The Evening: The Fed’s Big Rate Cut
Plus, tonight’s premiere of “The Golden Bachelorette.”23 hours ago -
The Hill - Politics
Powell pushes back on suggestion Fed got behind in rate cuts
The Federal Reserve cut interest rates by a half-percentage point Wednesday and is projecting another half-percentage point cut over the course of its remaining two meetings this year, signaling a ...Yesterday - Federal Reserve -
MarketWatch - Business
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.Yesterday - 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 ...Yesterday - 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.Yesterday -
MarketWatch - Business
Is Super Micro a value stock? This analyst thinks it could be.
Needham sees Super Micro shares as a “value play on AI,” with strong revenue growth helping to justify a premium multiple relative to peer stocks.Yesterday -
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 depositorsYesterday - United Kingdom -
BBC News - Top stories
TGI Fridays' UK owner falls into administration
London-listed Hostmore has appointed Teneo as administrators to help it sell the restaurants.Yesterday - United Kingdom -
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 ...Yesterday - United Kingdom -
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.Yesterday -
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 ...Yesterday - United Kingdom -
MarketWatch - Business
Stocks flirt with record even as Fed considers extra-large interest-rate cut
A half-point interest-rate cut by the Fed on Wednesday wouldn’t necessarily signal the U.S. is heading into recession, according to BlackRock’s Rick Rieder.2 days ago - Federal Reserve -
MarketWatch - Business
Bitcoin jumps while Dow falls ahead of the Fed’s interest-rate decision
Bitcoin jumped Tuesday ahead of the Federal Reserve’s key rate decision on Wednesday, as traders expect the central bank policymakers to deliver the first interest-rate cut in four years.2 days ago - Crypto -
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 grown2 days ago -
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.2 days ago - Federal Reserve