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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.
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses.
Fed rate cut: How inflation and home loans have changed
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After peaking at 9.1% in June 2022, inflation has eased, falling to a three-year low of 2.5% in August, just above the Fed’s 2% target rate.
Inflation, BoE
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.
Odds of UK interest rate cut this week fall after inflation sticks at 2.2%; rents keep soaring – business live
UK inflation rate remained unchanged last month, as air fares rose and petrol prices dropped, but underlying inflation has risen
UK inflation holds at 2.2% but services prices keep BoE on alert
British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets that the central bank will keep interest rates on hold on Thursday.
2h
on MSN
Dow, S&P 500 Hit Records After Rate Cut
The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...
5h
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 ...
1h
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 as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to ...
Georgia Recorder
1h
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with the homestretch of the presidential election.
Morningstar
1d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
As
rate
cut
expectations have steepened ... In the past few months, we’ve seen mild
inflation
data continue to roll in.
22h
MAGA Fans at Vance Rally Boo Rate Cut That Will ‘Alleviate Inflation’
A crowd assembled to hear Republican vice presidential candidate JD Vance speak on Wednesday reacted strongly to a reporter’s ...
1d
South African inflation falls more than expected, sets stage for rate cut
South Africa's inflation rate fell more than expected last month to its lowest since April 2021, data showed on Wednesday, ...
syracuse.com
16h
Fed signals end to inflation fight with a sizable half-point rate cut
WASHINGTON (AP) — The Federal Reserve on Wednesday
cut
its benchmark interest
rate
by an unusually large half-point, a ...
1d
on MSN
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will ...
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