That brings us to the Federal Reserve's most recent rate cut. In September, the Fed lowered its federal funds rate by 50 basis points (a basis point is one one-hundredth of a percentage point ...
But September brought a shift when the Federal Reserve cut rates for the first time in 2024. This helped push mortgage rates down for a short while, and more changes could be coming soon.
The coming week will seal what the Federal Reserve does in November. Cut rates again or pause? Those appear to be the two options on the table for central bank policymakers at their next meeting ...
WASHINGTON, D.C. ― The European Central Bank should keep its options open regarding future interest rate moves, Dutch central bank chief and ECB Governing Council member Klaas Knot said on Saturday, ...
The music industry is piling pressure on the Chancellor to reform business rates. While stars like Dua Lipa continue to attract huge crowds, many recording studios struggle. The Music Producers ...
Last week the ECB cut interest rates for the third time this year and four sources close to the decision told Reuters a fourth cut was likely in December unless data turned around in the coming weeks.
Investors nearly fully price in a November Fed rate cut, assigning a 96% chance, according to CME FedWatch. Election uncertainty and a widening U.S. deficit add complexity to market outlooks ...
Pan last week said that the central bank might cut the RRR by 25 to 50 basis points by the end of the year depending on market liquidity conditions. Opinions on the potential window for the next ...
Cost pressures are easing, and the Bank of England could therefore cut interest rates more aggressively if the U.K.’s economic slowdown deepens, he says. GBP/USD falls to 1.2950 after the data ...
On September 18, the FOMC decided to reduce rates by 50 basis points for the first time since 2020. Expectedly, markets are guessing how much the US Fed will cut rates in its next FOMC meeting.