Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Traders now see just one Fed rate cut this year
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...
ECB still has several rate cuts to go before hitting 'neutral' level, paper finds
The European Central Bank may still be several interest rate cuts away from the level where it stops holding back economic growth, it said in a paper on Friday, though it downplayed the significance ...
ECB Paper Suggests Two More Cuts Can Take Rates to Neutral
Economists at the European Central Bank said the neutral rate of interest, a concept that may help determine where cuts in ...
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Chase to cut interest rate on 5% savings account twice this month - a double whammy for savers
Offering new customers 5% AER (4.89% gross, variable) for six months, the account is currently one of the best savings ...
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The Fed Just Paused Interest Rate Cuts. Here's What That Means for You
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But now, the central bank needs to reverse some of those hikes as inflation ...
Interest rates: Why have they been cut and what does it mean?
The Bank of England has cut interest rates to 4.5%, its lowest level since June 2023.Rates had been at 4.75% since the summer ...
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...