Federal Reserve signals end to inflation fight with a sizable half-point rate cut
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...
What does the rate cut mean for mortgages and homebuyers?
The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over ...
South African inflation falls more than expected, sets stage for rate cut
South Africa's inflation rate fell more than expected last month to its lowest since April 2021, data showed on Wednesday, ...
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Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Inflation slowed in August, paving way for interest rate cut
Consumer prices rose 2.5% in August compared to a year ago, slowing more than expected and delivering welcome news for the ...
Dow, S&P 500 Hit Records After Rate Cut
The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
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 ...