Fed cuts key interest rate half a point as inflation eases. Will borrowers get a break?
The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of rate increases and giving consumers new hope that borrowing costs will come down. Its target rate was 5.25% to 5.5%. It will now be in the range of 4.75% to 5%.
Ukraine’s central bank left interest rates unchanged for a second straight meeting in a sign that policymakers won’t tolerate ...
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours ...
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying ...
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.
Cooler inflation raises odds of bigger rate cut Jimmy Jean, vice-president, strategist and chief economist at Desjardins ...
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