interest rate cut news - Search News

US Fed begins rate cut cycle

Bloomberg L.P. on MSN · 1h

Trump Decries Fed Rate Cut as ‘Political Move’ That Won’t Work

Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a half percentage point was a “political move” and that a smaller cut would have been preferable.

How Will Interest Rate Cut Impact Election? Here’s What To Know As Fed Makes First Cut Since 2020

The final rate-setting meeting before the November election brought the first cut since March 2020, a move likely to prove popular for everyday Americans.

Business Insider on MSN · 13h

The Fed's interest-rate cut put Trump even more at odds with the central bank

Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.

Bank of England's rate decision hangs in balance

The Guardian on MSN · 15h

UK interest rate decision held at 5% by Bank of England – business live

Newsflash: The Bank of England has left UK interest rates on hold. At its latest meeting, the Bank’s Monetary Policy Committee voted to leave interest rates at 5%, resisting any temptation to cut rates for the second meeting running.

Bank of England's latest interest rate decision imminent

The rate is expected to stay at 5%, after the last decision in August saw interest rates cut for the first time since the pandemic.

UK inflation is steady at 2.2% ahead of Bank of England's next rate decision

Inflation in the U.K. held steady at an annual rate of 2.2% in August, with higher air fares offset by lower fuel costs and restaurant and hotel bills, official figures showed Wednesday. The latest reading from the Office of National Statistics means inflation remains just above the Bank of England's target of 2%.

10hon MSN

Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut

Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.

6hon MSN

Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world

Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big ...

5h

Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut

The latest batch of quarterly forecasts from the Federal Reserve showed policy makers have had a change of heart since June ...

1h

Indian shares set to open higher on US rate-cut euphoria

Indian shares are set to open higher on Friday, as an outsized interest rate reduction by the U.S. Federal Reserve and the ...

9hon MSN

What does the Fed interest rate cut mean for mortgages and homebuyers?

Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

8hon MSN

A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’

The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.

12h

U.S. Home Sales Slipped in August Despite Falling Mortgage Rates

Sales of previously owned homes in August fell 2.5% from the prior month to a seasonally adjusted annual rate of 3.86 million ...

6h

Biden celebrates lower interest rates, says he never spoke with Fed chairman

President Joe Biden called the Federal Reserve's decision to lower interest rats "good news" and says he never spoke to the ...

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