Cuts Rates Warning - QuikReader

Bank of England cuts interest rates to 4.5%

The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on what that means.

CBS News - 8h

Bank of England expects to cut borrowing costs further after rate cut today – business live

UK central bank cuts interest rates, and warns growth will be half as fast as expected this year, sending pound sliding. Bank of England cuts interest rates to 4.5% but halves UK growth ...

The Guardian - 10h

Investors price in faster pace of rate cuts after BoE decision

Bank of England reduces interest rate to 4.5% and halves 2025 growth forecast

Financial Times - 11h

Estée Lauder ramps up job cuts as warns on tariffs

The firm that owns Clinique, MAC and Bobbi Brown shedding double the number of jobs than planned, warning of global volatility.

BBC News - 2d

Trump’s cuts to renewables risk US energy crisis, warn executives

Country will struggle to meet growing demand from power-hungry AI with fossil fuels alone

Financial Times - 2d

Bank of England expected to cut rates again as UK economy stagnates

Quarter-point reduction forecast even as short-term inflation pressures are set to increase

Financial Times - 3d

Extra £100m funding announced as police warn of cuts

Yvette Cooper says the cash is for more local officers but some forces say they still face budget shortfalls.

BBC News - 6d

European Central Bank Cuts Interest Rates as Economic Growth Stagnates

The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.

The New York Times - 6d

Why the Fed may be done cutting interest rates, once and for all

Some economists were saying Wednesday that the rate-cutting cycle is over, while others think the Federal Reserve won’t ease rates again until 2026.

MarketWatch - Jan. 30

ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%

Move comes after Fed keeps borrowing costs on hold

Financial Times - Jan. 30

US central bankers resist Trump’s pressure to cut interest rates

Also in today’s newsletter, the White House’s U-turn on freezing federal funding

Financial Times - Jan. 30

The Fed Holds Rates Steady, Hitting Pause After a Series of Cuts

The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks.

The New York Times - Jan. 29

Trump bashes Fed after bank doesn't cut rates

President Trump ripped the Federal Reserve and the man he appointed to lead it Wednesday after the central bank kept interest rates steady. In a post on Truth Social, the president accused the Fed ...

The Hill - Jan. 29

No interest rate cut by Federal Reserve as inflation remains above target

The Federal Reserve did not apply a cut to its benchmark rate as inflation remains stubborn. CBS News business analyst Jill Schlesinger has more.

CBS News - Jan. 29

Morrisons warns Budget will mean deeper cuts

Supermarket is latest UK retailer to caution on Labour government’s tax increases

Financial Times - Jan. 29

FirstFT: Fed on collision course with Donald Trump over rate cuts

Also in today’s newsletter, OpenAI accuses DeepSeek of potential copyright breech and a new demography series begins

Financial Times - Jan. 29

The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.

The New York Times - Jan. 29

Fed set to repel Trump’s calls for deep rate cuts

Economists warn that political meddling in monetary policy ‘can often go very badly’

Financial Times - Jan. 29

Here's the financial impact of the Fed's expected pause on rate cuts

The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.

CBS News - Jan. 28

IS fighters in Syria could break free amid Trump aid cut, terrorism expert warns

Prediction by ex M16 counter-terror director comes as security paused around two main detention facilities. Donald Trump has thrown into doubt the security and administration of the main two ...

The Guardian - Jan. 28

Power cuts and flood warnings as Storm Herminia hits

About 700 homes are without power and the Met Office is warning of heavy rain across Wales.

BBC News - Jan. 27

Trump piles pressure on Fed chair Jay Powell to cut interest rates

US central bank widely expected to hold borrowing costs steady at meeting next week

Financial Times - Jan. 23

Funding cuts to Afghanistan are the biggest threat to helping women, aid agency chief warns

The head of a major international aid agency is warning that funding cuts to Afghanistan are the biggest threat to helping the country’s women

ABC News - Jan. 19

Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns

Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautions

Financial Times - Jan. 17

Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’

Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oil

Financial Times - Jan. 16

Treasury yields end at lowest levels in weeks on rate-cut possibilities

Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.

MarketWatch - Jan. 16

Fed Governor Waller sees potential for multiple interest rate cuts in 2025

In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.

CNBC - Jan. 16

Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts

Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%

CNBC - Jan. 16

Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

BBC News - Jan. 15

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

Small-cap stocks face heightened risk with rate cuts in question, warns BofA

The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.

MarketWatch - Jan. 13

ECB’s chief economist warns of too-low inflation if rates stay high

Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’

Financial Times - Jan. 13

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - Jan. 10

A month before fires, L.A. fire chief warned about impact of budget cuts

The Los Angeles Fire Department's budget was cut by $17.6 million, about 2%, this fiscal year. The fire chief warned last month it would make it harder to respond to emergencies.

CBS News - Jan. 9

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.

NBC News - Jan. 9

Fed Governor Bowman says December interest rate cut should be the last

Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.

CNBC - Jan. 9

Why two Fed officials doubt the need for many more rate cuts

One official warned that “progress on inflation could continue to stall.”

MarketWatch - Jan. 9

Fed officials saw need for ‘careful approach’ to future rate cuts

Minutes from December meeting show policymakers are concerned about US inflation risks

Financial Times - Jan. 8

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.

Inc. - Jan. 8

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