Europe cuts interest rates again as economic recovery falters
The European Central Bank cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles.
Mortgage rates: When will UK interest rates fall again?
In May, the International Monetary Fund (IMF) recommended that UK interest rates should fall to 3.5% by the end of 2025. The ...
Mortgage rates: When will UK interest rates go down?
The Bank of England is expected to keep interest rates on hold at 5% on Thursday, but further cuts are expected later in the ...
Why the Federal Reserve opted for the big interest rate cut
On Wednesday, Powell delivered, lowering the Fed’s benchmark interest rate by a bumper half-point cut to 4.75-5 per cent, kicking off the central bank’s first easing cycle in more than four years.