The recent 10% credit-card interest-rate cap proposed by Donald Trump triggered a frenzy of responses from the financial giants. JPMorgan Chase CEO Jamie Dimon warned of an “economic disaster,&r ...
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of three straight rate cuts amid uncertainty over the labor market and inflation. Fed policymakers ...
Fed rate cuts would likely lower credit card and savings rates first, while auto loans and especially fixed-rate mortgages may stay high or even rise. How much consumers benefit will depend on credit ...
The Bank of England’s (BoE) MPC has cut interest rates from 4% to 3.75% The MPC last met on 6 November when it held rates at 4% The market was widely expecting the MPC to lower interest rates ...
The final Federal Reserve meeting of 2025 was completed this week, and with it, the final interest rate cut of the year was issued. Now comes the interesting part. After all, a Fed rate cut is never a ...
This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since ...
The Fed cut interest rates by a quarter point, as expected, but there were dissents in the final vote. If we look all together, we expect two rate cuts next year, which is one more than the Fed. A ...
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.
The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...
The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The Federal ...
Good afternoon, and welcome to our live coverage of the upcoming interest rates decision. The Bank of England’s Monetary Policy Committee (MPC) announces its latest decision tomorrow (6 November), and ...