Rates Economic Effects

China's retaliatory tariffs take effect as American farmers, stocks reel

China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.

CBS News - Mar. 10

Trump continues tariff tumult amid economic uncertainty

President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...

NBC News - Mar. 7

The US economic trump card

There is huge scope for householders to tap home equity lines of credit

Financial Times - Mar. 10

Noteworthy new books on economics

Why advanced economies are struggling to build; how Britain can boost growth; plus books on inequality and poverty

Financial Times - Mar. 10

Trump’s incoherent economic agenda

The White House’s mishmash of radical policies is sapping confidence in America

Financial Times - Mar. 14

Reporter's Notebook: Economic turbulence

President Trump has promised a little light turbulence. "A little bit of an adjustment period," is what he called it in the joint address to Congress. Consumers are feeling something different. ...

CBS News - 5d

Is the inflation drop good news for mortgage rates?

Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.

CBS News - Mar. 12

Trump criticizes Fed decision to maintain interest rates

Trump's comments came hours after the Fed opted to hold interest rates steady.

ABC News - 2d

What are today's mortgage and mortgage refinance interest rates?

Knowing today's mortgage rates can help new homebuyers and homeowners looking to lock in a good deal.

CBS News - 1d

Tariff timeline: How Trump turned global trade into an economic battlefield

Trump has praised tariffs as a fix for economic issues, but their erratic rollout and shifting reasons have worried investors. See a timeline of the president’s trade rhetoric.

NBC News - Mar. 14

Trump’s Trade War Will Slow Global Economic Growth, OECD Says

Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes a toll.

The New York Times - 4d

25% tariffs on all steel and aluminum imports to U.S. take effect

President Trump's new 25% tariffs on all steel and aluminum imports have gone into effect after a second straight day of losses across all major U.S. stock markets. CBS News correspondent Natalie ...

CBS News - Mar. 12

EU retaliates as Trump steel, aluminum tariffs take effect

The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European ...

The Hill - Mar. 12

Jerome Powell delivers remarks on interest rate decision

Watch live coverage as Fed chair Jerome Powell delivers remarks on the next interest rate decision. It is the first decision of the Trump administration.

NBC News - 3d

Trump economic adviser: 'First quarter is going to squeak into the positive category'

National Economic Council Director Kevin Hassett said Monday the “first quarter is going to squeak into the positive category,” even as anxieties around the economy rise nationwide. Stocks were ...

The Hill - Mar. 10

Airline stocks fall as possible economic 'soft patch' raises demand concerns

U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.

NBC News - Mar. 11

Federal Reserve cuts US economic growth outlook amid Trump tariffs

Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...

The Guardian - 3d

Watch live: Powell speaks as Fed expected to keep interest rates steady

Federal Reserve Chair Jerome Powell will hold a press conference Wednesday afternoon to discuss the Fed's latest decision on interest rates. The Fed is expected to keep interest rates steady amid ...

The Hill - 3d

U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth

"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.

CNBC - 5d

Trump doubles down on Fed rate cut pressure

President Trump doubled down on pressuring the Federal Reserve to lower interest rates, arguing that the costs of eggs, groceries and gas are down so the central bank can make cuts. “Egg prices are ...

The Hill - 1d

Is it worth it to get a HELOC rate lock? What the experts say

A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.

CBS News - Mar. 11

The Fed will update its rate projections Wednesday. Here's what to expect

If market pricing is correct, there's virtually no chance central bank policymakers budge from the current level of their key interest rate.

CNBC - 3d

How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The New York Times - 3d

Highest-rated Class of 2025 men's basketball recruits from Alabama

Stacker compiled a list of the highest-rated Class of 2025 basketball recruits from Alabama using data from 247Sports.

Yahoo Sports - 2d

HELOC rates fall to a new two-year low: What to know now

HELOC interest rates continued to fall this week, giving prospective borrowers a few timely items to think about.

CBS News - 2d

Who 'didn't show enough' against Albania? How England's players rated

Who impressed for England in Thomas Tuchel's first game as head coach against Albania? Alex Howell rates the players.

Yahoo Sports - 1d

Who 'didn't show enough' against Albania? How England's players rated

Who impressed for England in Thomas Tuchel's first game as head coach against Albania? Alex Howell rates the players.

BBC News - 1d

Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more

The Fed is staying on the sidelines, for now, but some consumer loan rates are changing.

CNBC - 3d

Swiss National Bank makes quarter-point interest rate cut, cites 'low inflationary pressure'

Switzerland's central bank on Thursday announced its latest interest rate decision.

CNBC - 2d

Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week

Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week.

NBC News - Mar. 12

The dizzying shifts in the global economic narrative

Investors and policymakers are struggling to keep pace with change

Financial Times - 1d

Trump tariffs on steel and aluminum come into effect amid US-Canada trade war

European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...

The Guardian - Mar. 12

Murphy backs Schumer's leadership but says caucus must 'change our tactics' to be effective

Sen. Chris Murphy (D-Conn.) backed Senate Minority Leader Chuck Schumer's (D-N.Y.) leadership on Sunday but said the caucus "must change our tactics" to be effective. “I still support Senator ...

The Hill - 6d

Trump is targeting China-made containerships in new flank of global economic war on the oceans

China dominates shipbuilding for the ocean freight market, and President Trump has plans to exact economic punishment to bring the business back to the U.S.

CNBC - Mar. 11

The U.S.-Canada trade war could signal a shift in economic ties, experts say

The U.S.-Canada trade war could shift economic ties as tariffs rise and tensions grow, raising concerns about future trade stability, experts say.

CNBC - Mar. 14

Fed Holds Rates Steady and Predicts Higher Inflation, Slower Growth Ahead

The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” uncertainty into the outlook.

The New York Times - 3d