The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper
With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.
The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you
The second interest rate cut in a row will affect consumer borrowing costs. Here’s what it means for your credit card, mortgage rate, car loan and savings.
Stocks little-changed as Fed delivers 25-basis-point interest-rate cut
The Federal Reserve has announced a 25-basis-point cut to the fed-funds rate target, the central bank's primary lever for influencing monetary policy. Stocks seem to be taking the news in stride, along with the latest policy statement from the Fed.
Traders bet on Fed December rate cut after inflation data
Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting next month, after a government report showed consumer inflation rose in October in line with economist expectations.
European markets head for mixed open as traders assess Fed's rate cut path after downbeat inflation data
European markets are heading for a mixed open Thursday as traders assessed the global inflation outlook and the possible trajectory of central bank rate cuts.
CPI inflation report keeps bets alive for an end-of-year Fed rate cut
U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.
Odds of a December Interest-Rate Cut Jump After Inflation Matches Expectations
Wall Street gained confidence that the Federal Reserve will opt for another quarter-point interest-rate cut in December after the consumer price index for October matched expectations. Traders saw a 79.
10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
Trader Bets on 75-Basis-Point ECB Cut Next Month for Tenfold Win
A trader is betting the European Central Bank will deliver a jumbo interest-rate cut next month, a scenario becoming more ...
Powell Says 25 Basis-Point Cut Was ‘Further Recalibration’
Federal Reserve Chair Jerome Powell categorized the U.S. economy as “strong” on Thursday, saying that officials cut rates by ...
Crypto Briefing7d
Fed cuts rates by 25 basis points, pushing Bitcoin to a new all-time high of $76.7K
Fed rate cuts by 25 basis points boost Bitcoin to $76.7K as economic policies and inflation concerns influence markets.
Yahoo Finance7d
Federal Reserve cuts interest rates by 25 basis points
The Federal Reserve cut interest rates by a quarter percentage point, avoiding any surprises just days after Donald Trump was elected president. The central bank voted unanimously Thursday to cut ...
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SBI raises lending interest rate by 5 basis points across select tenures
Under the new rates, SBI’s three-month MCLR is increased from 8.50% to 8.55%, the six-month MCLR from 8.85% to 8.90%, and the ...
TSX scales new peak, closes up over 200 points for second day in a row
Canada's main stock index zoomed past its all-time high, adding another over 200 basis points on Thursday as investors piled ...
Fox Business7d
Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing signs that inflation and the labor ...
75-point OCR cut needed to aid economy ‘stuck in rut’, fund manager says
Like a dog with a bone, investment manager Greg Smith of Devon Funds refuses to give up on a call for a jumbo-sized cut to ...
Experian sees profit margin at top end of forecast
Credit data company Experian forecast its core profit margin for the 2025 fiscal year towards the upper end of its 30-50 ...