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US Fed begins rate cut cycle
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.
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.
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.
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.
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.
14h
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.
13h
on 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 ...
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 ...
2h
on MSN
Thailand's central bank stresses independence as govt pushes for rate cut
The Bank of Thailand's governor on Friday stressed the need for central bank independence in setting monetary policy amid a ...
12h
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.
2h
on MSN
Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat
Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the ...
10h
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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