US central bank lowers interest rates by quarter point as new Trump term looms

Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...

World - The Guardian - 4 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

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

Federal Reserve lowers rates by a quarter point

The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.

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 - 9 hours ago

Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls

World - ABC News - 10 hours ago

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - 4 hours ago

The Federal Reserve lowers interest rates by 0.25 percentage points

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 1 hour ago

European Central Bank set for third interest rate cut of the year in meeting this week

Markets are eyeing two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.

Business - CNBC - October 14

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

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation

World - ABC News - October 25

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - October 25

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 - 8 hours ago

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

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

The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you

The second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.

Business - CNBC - 2 hours ago

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.

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 - 9 hours ago

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation

Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.

Business - CNBC - October 25

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

Trump’s victory sets up traps for central banks

The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off again

World - Financial Times - 18 hours ago

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

This bank account is paying 5.25% right now as interest rates surge

Big rises in yields in recent weeks are good for savers.

Business - MarketWatch - October 30

Bank of England Cuts Interest Rates, but Signals Stickier Inflation

The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

Top stories - The New York Times - 8 hours ago

Bank of England Cuts Interest Rates, but Signals Stickier Inflation

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

Business - The New York Times - 4 hours ago

Federal Reserve interest rate news expected days after Trump wins 2024 election

The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.

Lebanon's detained former central bank governor faces new corruption charge

A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrant

World - ABC News - 6 days ago

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