Interest Rates Hit - QuikReader

Inflation rises slightly as economy reacts to interest rate cuts

New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Business - MarketWatch - November 14

Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates

"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.

Business - CNBC - November 14

Powell says Fed in no ‘hurry’ to lower interest rates further

Central bank chair warns path to a reduction in inflation will be ‘bumpy’

Business - Financial Times - November 14

Post-election stock rally fizzles as interest rate concerns grow

Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates.

How far have home equity loan interest rates fallen in 2024?

Home equity loan interest rates have been on a steady downward path all year. Here's what to know now.

4 risks of waiting for home equity loan interest rates to fall further

Home equity loan interest rates are falling, but is it worth waiting for them to drop further? Here's what to know.

Inflation and interest rates tracker: see how your country compares

Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you

World - Financial Times - November 20

How far have mortgage interest rates fallen in 2024?

Mortgage interest rates have moved up and down throughout 2024. Here's what to know now.

When will personal loan interest rates drop? Experts weigh in

Personal loans were not immune from recent interest rate hikes. Here's when experts think they could drop again.

Fed eyes ‘gradual’ approach to cutting U.S. interest rates, minutes show

“Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ongoing uncertainty about the U.S. economy and the appropriate level of ...

Business - MarketWatch - 4 days ago

Fed Minutes Show Options Are Open on Interest Rate Cuts

Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers favored lowering rates “gradually.”

Business - The New York Times - 3 days ago

South Korea lowers interest rates over Trump fears

Rare back-to-back cut reflects concern over impact of incoming US president’s policies

Business - Financial Times - 2 days ago

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

Why credit card rates remain high, even after interest rate cuts

Credit card interest rates stand near a record high.

Annual inflation rate hit 2.6% in October, meeting expectations

The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.

Business - CNBC - November 13

When could mortgage rates hit 5% again? Experts weigh in

Mortgage rates could hit 5% by the end of 2025, but experts warn against waiting if you're planning to buy a home.

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.

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 - November 9

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 ...

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 recovery