Latest in Fizzles Interest Rate
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Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spendingWorld - ABC News - October 25 -
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 -
UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...World - The Guardian - October 31 -
HELOC interest rates are falling. Here's how much further they can drop this November.
HELOC interest rates are on the decline, but will they continue to fall this November? Here's what to know.Top stories - CBS News - November 4 -
How Trump’s win could shake up taxes, jobs and interest rates — and what that means for your money
You don’t need to be a rocket scientist to understand why Donald Trump won the U.S. presidential election. Most Americans have said, consistently, that the economy is on the wrong track.Business - MarketWatch - 6 days 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 - November 6 -
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 - November 7 -
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 - November 7 -
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 recoveryWorld - ABC News - November 7 -
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation fallsWorld - ABC News - November 7 -
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 - November 7 -
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 - November 7 -
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 - November 7 -
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 -
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 - November 7 -
Fed chair says Trump can't remove him. Could Trump still influence interest rates?
The standoff carries high stakes for the U.S. economy, experts said.Top stories - ABC News - November 8 -
How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor
Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.Business - MarketWatch - November 8 -
Would the Fed ever rely on AI to decide interest rate moves? The risks are high.
Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.Business - MarketWatch - 6 days ago