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South Korea unexpectedly reduces benchmark lending rates — first back-to-back cuts since 2009
This surprised economists polled by Reuters, which expected the BOK to hold rates.Business - CNBC - 57 minutes ago -
New Zealand expectedly cuts benchmark rate by 50 basis points as economy struggles
New Zealand's central bank slashed its benchmark interest rate by 50 basis points to 4.25%, marking a third straight cut to its benchmark interest rate.Business - CNBC - Yesterday -
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 - November 7