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What to know about the interest rate cut expected from the Federal Reserve
Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.Top stories - CBS News - 5 hours ago -
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.Business - CNBC - 2 hours 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 - 1 hour ago -
Powell: Fed won't 'speculate' about Trump's impact on economy
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...Politics - The Hill - 3 hours ago -
Federal Reserve cuts interest rate for second time in 2024
The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...Top stories - CBS News - 2 hours ago -
How the Federal Reserve interest rate cut could affect Americans
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...Top stories - CBS News - 31 minutes 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.Top stories - CBS News - 3 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.Top stories - CBS News - 8 hours ago -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - October 30 -
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.Top stories - CBS News - 3 hours ago -
The Fed is expected to cut interest rates again Thursday. Here's everything you need to know
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.Business - CNBC - Yesterday -
Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook
Two days after the election, the Federal Reserve will cut rates again.Business - Inc. - 4 days ago -
Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point
After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.Business - Inc. - 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.Top stories - BBC News - 3 hours ago -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - 9 hours ago -
What the Fed rate cut means for mortgage interest rates
Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.Top stories - CBS News - 2 hours ago -
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 - 3 days ago -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - 2 hours ago -
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.Top stories - NBC News - 2 hours ago -
Here's what to expect with the Fed's rate cut decision on Thursday
The Federal Reserve will make a rate cut decision on November 7. Here's what economists expect.Top stories - CBS News - Yesterday -
ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live
Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...World - The Guardian - October 17 -
Larry Fink says the Fed won't cut interest rates as much as markets expect this year
"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.Business - CNBC - October 29 -
The stock market is expecting more interest-rate cuts than the Fed can give
The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.Business - MarketWatch - 4 hours ago -
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...Politics - The Hill - 3 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 - 3 hours ago -
Trump trade war ‘could push eurozone into full-blown recession’; UK and US expected to cut interest rates today – business live
Rolling coverage of the latest economic and financial news. City analysts overwhelmingly predict Bank of England interest rate cut Wall Street and bitcoin soar to record highs as Trump wins ...World - The Guardian - 10 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 - 7 hours ago -
What’s ‘surprising’ about interest rates in the stock market’s two-year bull run
The bull market for stocks has been running for two years. Here’s what’s unusual about it, according to DataTrek Research.Business - MarketWatch - October 15 -
What Trump’s Win Means for the Federal Reserve and Jerome Powell
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?Business - The New York Times - 4 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 -
What to know about estate planning
A new survey shows the number of Americans with a will has decreased by 6% from last year, even though the majority say having a will is important. CBS News business analyst Jill Schlesinger ...Top stories - CBS News - October 24 -
The Fed Cuts Rates, 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 - 14 minutes 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