Latest in Lowers Interest Rates
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China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growthWorld - Financial Times - October 21 -
What causes home equity loan interest rates to drop? And will they keep falling?
Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.Top stories - CBS News - October 23 -
How far will credit card interest rates fall in November?
There may be another Fed rate cut on the horizon in November. Here's how it could impact credit card rates.Top stories - CBS News - October 24 -
Russia Raises Interest Rate to 21 Percent, Its Highest in Decades
Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.Business - The New York Times - October 25 -
3 ways HELOC interest rates could drop this November
HELOC interest rates are on the decline. Here's how they could fall even further in November.Top stories - CBS News - October 28 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - October 29 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.Top stories - NBC News - October 29 -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - October 30 -
What's the home equity loan interest rate forecast for November 2024?
Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.Top stories - CBS News - October 30 -
This bank account is paying 5.25% right now as interest rates surge
Big rises in yields in recent weeks are good for savers.Business - MarketWatch - October 30 -
A key inflation measure drops to 2.1%. Here's the interest rate impact.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.Top stories - CBS News - October 31 -
New U.S. economy data before next Fed interest rate decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.Top stories - CBS News - October 31 -
BoE expected to cut interest rates despite looser fiscal policy
UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demandWorld - Financial Times - 3 days ago -
How far will home equity loan interest rates drop in November?
Home equity loans could decline in November, but that isn't the only feasible possibility, experts say.Top stories - CBS News - 3 days ago -
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 - 9 hours ago -
Gold vs. silver investing: Which is better when interest rates are cut?
Both can be smart investments right now, experts say, but one option could make more sense for your portfolio.Top stories - CBS News - 2 days ago -
Weekly mortgage demand tanks 11% as interest rates surge higher
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.Business - CNBC - Yesterday -
Will UK interest rate cut make mortgages and loans cheaper?
Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.Top stories - BBC News - 15 hours ago -
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.Top stories - The New York Times - 13 hours ago -
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 youWorld - Financial Times - 9 hours ago -
Wall Street reacts to Trump win as Fed weighs interest rate cut
President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...Top stories - NBC News - 15 hours ago -
Here's what to expect with the Fed's next interest rate cut looming
On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.Top stories - CBS News - 14 hours ago -
What to know about the interest rate cut expected from the Federal Reserve
Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.Top stories - CBS News - 11 hours ago -
How low will home equity loan interest rates drop in November?
There are a few events in November that could help push home equity borrowing rates lower, experts say.Top stories - CBS News - 11 hours ago