Interest Rates
- U.S. News
Federal Reserve is likely to cut interest rates next week. Here’s what that means for you
The Federal Reserve is expected to lower interest rates by another quarter point at the end of its two-day meeting on Dec. 18. That…
Read More » - Europe
Economists react to ECB’s rate cuts: What’s next for monetary policy?
The ECB cut rates by 25 basis points to 3%, dropping its commitment to keep policy “sufficiently restrictive” and signalling…
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UK economy unexpectedly shrinks in October for second straight month
The figures come as a setback for the new Labour government and its pro-growth agenda. ADVERTISEMENT The UK economy shrank…
Read More » - Europe
Weekly recap: Stock market rally stalls amid bond market jitters
Global markets saw a slide in weekly performance due to rising government bond yields, following the US inflation data release…
Read More » - Europe
European Central Bank delivers final rate cut of the year
The ECB started cutting the main interest rates in June 2024, to boost the Eurozone’s lagging economy, through lower rates…
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Hopes of a US interest rate cut on inflation data helps Nasdaq soar
US stock indexes returned to positive territory as the latest update on inflation appeared to clear the way for more…
Read More » - U.S. News
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024. Adam Jeffery | CNBC If President-elect Donald Trump…
Read More » - U.S. News
Trump says he won’t try to replace Fed Chair Jerome Powell despite past feuds
President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon…
Read More » - U.S. News
The Fed is on course to cut interest rates in December, but what happens next is anyone’s guess
Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center…
Read More » - U.S. News
There’s an important jobs report coming Friday. Here’s what to expect
A pedestrian walks by a ‘hiring now’ sign in front of a U-Haul store on December 03, 2024 in San…
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