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

US banks consider cutting interest payments on company deposits

Lenders target corporate clients as they seek to maintain profit margins with Fed trimming benchmark rates

Business - Financial Times - October 20

Why the US gave Trump a second term

Millions of Americans voted to give him a second chance - our North America editor Sarah Smith looks at why.

ECB lowers rates to 3.25% as inflation slows

Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressures

Business - Financial Times - October 17

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.

New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty

Trump’s proposed economic policies, particularly tariffs, are anticipated to push inflation up, making the Federal Reserve’s planned series of cuts much less certain.

Business - Inc. - 8 hours ago

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - 6 hours ago

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

Can Trump really lower prices? Here’s what his second term might mean for your wallet.

The president-elect has pledged to lower prices, cut taxes and slap huge tariffs on imports. But don’t plan on a quick fix for inflation, experts say.

Business - MarketWatch - 9 hours ago

Where interest rates are heading

The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve

World - Financial Times - October 14

New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in

New-home sales surged in September, as home buyers seized on lower mortgage rates.

Business - MarketWatch - October 24

Election-week Fed meeting won’t give markets the roadmap they want

Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...

Business - MarketWatch - 3 days ago

Maher: October surprise wont 'save us' from second Trump term

With Election Day just shy of two weeks away, comedian and TV personality Bill Maher urged Democrats on Friday to stop waiting for an "October surprise." "Democrats need to stop thinking an October ...

Politics - The Hill - October 19

US trade partners brace for tougher tariffs in Trump’s second term

Steps taken in the Republican’s first few weeks in office are expected to be ‘lasting ones’

World - Financial Times - 9 hours ago

Wisconsin leans Trump, CBS News rates

CBS News rates the battleground state of Wisconsin as leaning Republican for former President Donald Trump. CBS News' Major Garrett and Robert Costa report on whether Vice President Kamala Harris ...

Pennsylvania leaning Trump, CBS News rates

CBS News rates the battleground state of Pennsylvania as leaning toward former President Donald Trump. President Biden won the state in 2020.

BlackRock leads opposition to new US limits on bank ownership

A proposal by regulators requires passive investment funds to seek approval when holdings hit 10%

Business - Financial Times - October 24

Mideast conflict looms over US presidential race as Harris, Trump jostle for an edge

The crisis in the Middle East is looming over the race for the White House as the campaign enters its final weeks

American interest rates need to rise

Lessons for the US from the Brazilian canary in the coal mine

World - Financial Times - October 15

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

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