Latest in Rate Debate Continues
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Mortgage rates jump after Trump defeats Harris
Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.Business - MarketWatch - November 6 -
U.S. House leaning Republican, CBS News rates
President-elect Donald Trump will return to the White House on Jan. 20, 2025, and he may be leading a government entirely controlled by his party. Republicans flipped the Senate through a handful ...Top stories - CBS News - November 6 -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.Business - CNBC - November 7 -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - November 7 -
Federal Reserve lowers rates by a quarter point
The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.Top stories - NBC News - November 7 -
Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - November 7 -
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.Business - The New York Times - November 7 -
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.Business - The New York Times - November 12 -
What to know about the inflation report.
A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.Top stories - The New York Times - November 13 -
New York to implement congestion pricing at lower rate
New York Gov. Kathy Hochul (D) will revive plans for the nation’s first traffic congestion pricing plan in New York City at a reduced rate after delaying the controversial plan earlier this year. ...Politics - The Hill - 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 -
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about ...Business - MarketWatch - November 16 -
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Fitch Downgrades Spirit Airlines’ Credit Rating
Spirit Airlines is working on alternatives to improve its liquidity.Business - Inc. - November 16 -
Trump's approval rating at 54 percent as president-elect
A slight majority of registered voters approve of the job President-elect Trump is doing leading up to his second White House administration, according to a new poll. A Harvard CAPS/Harris poll ...Politics - The Hill - November 19 -
Lung cancer survival rate improves: Research
The survival rate among those with lung cancer has improved by more than a quarter in the last five years, according to a new report. The findings from the American Lung Association's latest "State ...Politics - The Hill - November 19 -
The valuation warning for Costco and other higher-rated stocks
When companies approach extreme price levels, gravity loomsWorld - Financial Times - November 20 -
Mortgage rates are near 7%, but buyers are making a comeback
Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - November 20