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GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.Business - The New York Times - October 30 -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - October 30 -
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.Business - CNBC - 7 hours ago -
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 - 7 hours ago -
Fed poised to look past US election uncertainty with quarter-point rate cut
Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policyBusiness - Financial Times - 4 days ago -
Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point
After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.Business - Inc. - 7 hours ago -
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 - 5 hours ago -
Federal Reserve cuts interest rates another quarter-point
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.Top stories - CBS News - 2 hours ago -
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its targetWorld - ABC News - October 17 -
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...World - ABC News - October 17 -
China reports its economy grew at a 4.6% annual rate in the July-September quarter, below the government'S 5% target
China reports its economy grew at a 4.6% annual rate in the July-September quarter, below the government'S 5% targetWorld - ABC News - October 17 -
China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
China has reported that its economy expanded at a rate of 4.6% in the July-September quarterWorld - ABC News - October 18 -
Election-week Fed meeting won’t give markets the roadmap they want
Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...Business - MarketWatch - 3 days ago -
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 - 13 hours ago -
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 - 14 hours ago -
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 - 6 hours ago -
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 - 8 hours ago -
Trump chooses Susie Wiles as White House chief of staff
President-elect selects his 2024 campaign manager in first appointment to a major role in his administrationWorld - Financial Times - 3 hours ago -
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If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - 10 hours ago -
Where interest rates are heading
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curveWorld - Financial Times - October 14 -
ECB lowers rates to 3.25% as inflation slows
Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressuresBusiness - Financial Times - October 17 -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - October 30 -
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.Top stories - CBS News - 3 days ago -
What's a good HELOC interest rate now that rates are falling again?
HELOC interest rates are on the decline. Here's what a good rate looks like now that rates are falling again.Top stories - CBS News - 2 days ago -
What the Fed rate cut means for mortgage interest rates
Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.Top stories - CBS News - 8 hours ago -
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mineWorld - Financial Times - October 15 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
Will mortgage interest rates fall this November?
Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.Top stories - CBS News - October 29 -
Will HELOC interest rates fall in November?
HELOC interest rates have been falling this fall, but will they continue to do so in November? Here's what to know.Top stories - CBS News - October 29 -
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.Top stories - BBC News - October 15 -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16