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%.
Japan’s Inflation Accelerates for 4th Month as BOJ Meets
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 ...
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
Inflation continues to loosen its grip on American consumers, with price hikes slowing by the most in three and a half years, ...
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With multiple Federal Reserve rate cuts expected this year and into 2025, yields on many deposit accounts have been ...
Biden said the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he ...
Ukraine’s central bank left interest rates unchanged for a second straight meeting in a sign that policymakers won’t tolerate ...
UK inflation rate remained unchanged last month, as air fares rose and petrol prices dropped, but underlying inflation has ...
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