American Interest Rates Need to Rise
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Interest rates held as Bank says economy doing worse
The Bank considered a rate cut as it thinks the economy has performed worse than it expected.BBC News - 2d -
Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold
The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining ...ABC News - 2d -
Bank of England holds interest rate at 4.75% but warns of UK stagnation risk
Central bank downgrades growth forecast amid threat from budget fallout, rising inflation and Trump trade tariffs. • Business live – latest updates . The Bank of England has kept UK interest ...The Guardian - 2d -
How the Fed's rate cuts will affect Americans directly?
The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full ...CBS News - 3d -
Fed makes final interest rate decision before Trump inauguration
The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of ...CBS News - 3d -
Fed Cuts Interest Rates, but Projects Fewer Reductions in 2025
Federal Reserve officials projected just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress.The New York Times - 3d -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 3d -
Mazzulla has interesting response to criticisms of NBA's 3-point rise
NBA teams are shooting more 3-pointers. Is that bad for the on-court product? Celtics head coach Joe Mazzulla gave an interesting response.Yahoo Sports - 3d -
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 youFinancial Times - 3d -
What the Fed's December rate cut means for mortgage interest rates
Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.CBS News - 3d -
Fed cuts interest rate for third time this year as economic uncertainty looms
The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears to be a steady but cooling economy.NBC News - 3d -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 3d -
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.CBS News - 3d -
Fed cuts interest rates by quarter point despite firmer inflation
The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday, in line with market expectations, even as inflation has reaccelerated over the past two months. Fed officials ...The Hill - 3d -
Federal Reserve decision coming on final interest rate cut for 2024
The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News' Kelly O'Grady has more on what's expected.CBS News - 3d -
Federal Reserve set to announce last decision of the year on interest rates
The Federal Reserve will release its final decision of the year regarding interest rates later today. This will be the final interest rate decision before President-elect Trump takes office.NBC News - 3d -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 3d -
Fed expected to make another cut in final interest rate decision of 2024
The Federal Reserve on Wednesday will make its final interest rate decision of 2024 with a 0.25 percentage point cut expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 3d -
Mortgage demand drops for the first time in 5 weeks, after interest rates rise
Total application volume fell 0.7% compared with the previous week, according to the MBA's seasonally adjusted index. That was the first decline in five weeks.CNBC - 3d -
UK inflation increase solidifies expectations interest rates will be kept on hold
Inflation in the U.K. has risen to its highest level since MarchABC News - 3d -
Here's what to expect from the Fed's interest rate decision this week
The Federal Reserve will announce a rate decision on Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.CBS News - 5d -
What to know about HELOC interest rates right now
HELOC interest rates have been declining for much of 2024. Here's what prospective borrowers should know now.CBS News - 5d -
Will CD interest rates rise again in 2025? Experts weigh in
CD rates have been dropping recently, but will that change in the new year? Here's what experts think.CBS News - 5d -
3 credit card interest rate mistakes that are costing you money now
If you're making these card rate mistakes, you're probably paying too much for your credit card debt.CBS News - Dec. 13 -
Why Americans in their 40s need to focus on retirement planning
People in their 40s face major financial pressures, from helping their children pay for college to affording a mortgage. But as Jill Schlesinger explains, it's critical that they also concentrate ...CBS News - Dec. 12 -
We need a Supreme Court for all Americans
Enacting a partisan program is not what the U.S. Constitution is supposed to do.The Hill - Dec. 12 -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - Dec. 12 -
Are negative interest rates about to make a comeback? One banker says it’s possible
The age of negative interest rates might not be over.MarketWatch - Dec. 12 -
Bowel-cancer rates rising among younger people
Poor diet, obesity, alcohol and smoking may be among the risk factors involved, researchers say.BBC News - Dec. 12 -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - Dec. 10 -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - Dec. 10 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2