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Fed, rate cut
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Trump says Fed's rate cut was 'political move'
Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by half of a percentage point was "a political move."
Biden says Fed made ‘declaration of progress’ with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.
Bank of England's rate decision hangs in balance
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.
LIVE
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.
The Bank of England is widely expected to hold interest rates as inflation stays above target
The Bank of England is widely expected to keep interest rates unchanged on Thursday, a day after official figures showed inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares offset by lower fuel costs and restaurant and hotel bills.
8h
on MSN
What does the 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 ...
9h
on 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.
49m
on MSN
Oil prices set to end week higher after US rate cut
Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week ...
1d
An Interest Rate Cut
That’s because rate cuts tend to help the party in power. Lower interest rates boost the economy by making it cheaper for ...
5h
on 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 ...
4h
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 ...
7h
on 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.
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