Latest in Hikes Interest Rate
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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 - November 9 -
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 - November 9 -
Minneapolis Fed president says another interest rate cut in December is "certainly possible"
Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" ...Top stories - CBS News - November 10 -
Home Depot earnings sweep past estimates, but interest rates pressure home remodeling
Home Depot executives discussed the impact of President-elect Donald Trump’s proposal to impose new tariffs.Business - MarketWatch - November 12 -
UK economic growth slows to 0.1% as budget jitters and high interest rates take toll
Blow to Rachel Reeves as first quarter under Labour shows services and manufacturing struggled in run-up to budget. Business live – latest updates The UK economy slowed to a near-standstill in ...World - The Guardian - November 15 -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.Business - CNBC - 4 days ago -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week.Top stories - NBC News - 4 days ago -
Trump and Fed Chair Powell could be set on a collision course over interest rates
Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction of interest rates.Business - CNBC - 3 days ago -
HELOC interest rates drop to their lowest point in 2024: Why you should open one now
HELOC interest rates hit a new 2024 low this week. Here's why homeowners should consider opening one right now.Top stories - CBS News - 2 days ago -
Dozens of retailers jacked up interest rates on store cards ahead of Fed cuts
Dozens of retailers, including Macy's, Gap and TJ Maxx, increased APRs on their store credit cards before the Federal Reserve cut rates, padding their profits.Business - CNBC - 2 days ago -
Economy gets boost after election on hopes of lower interest rates and pro-business Trump presidency, survey finds
The economy sped up in November and kept the U.S. on track for another strong quarter of growth, fueled by optimism about falling interest rates and the prospect of a pro-business Trump ...Business - MarketWatch - 2 days 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 - November 7 -
We’ve racked up a ton of debt and don’t like the school district. Should we sell our house with a 2.5% interest rate?
“We want to move to a better neighborhood.”Business - MarketWatch - Yesterday