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Search results for: "Interest rate". 18 articles found.
The Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate cut.
Holding borrowing rates and continuing bond sell-offs was widely expected but could be costly for chancellor Business live latest updates "Gradual" and "predictable" are the watchwords at the Bank of England. But for Rachel Reeves, preparing for a tough autumn budget, a more activist approach from Threadneedle Street could have helped. The central bank on Thursday had two pieces of bad news for the chancellor: borrowing costs would be held unchanged at the current elevated level...
Boston Herald - 10 hours 10 min agoThe Fed's nearly-unanimous decision to reduce its key interest rate was seen by many as a quiet show of unity.
Today's Forbes Daily newsletter covers the Federal Reserve's interest rate cuts, ABC pulls Jimmy Kimmel, StubHub's IPO, Lyft and Waymo team up, Meta's glasses and more.
The Federal Reserve lowers its benchmark interest rate by a quarter of a point for the first time this year, bringing the range to 4.00% to 4.25%. For consumers, the move means potentially lower interest rates when it comes to credit cards, borrowing money for new auto and home purchases or taking out a home equity loan. NBC's senior business correspondent Christine Romans reports TODAY.
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
The Bank of England has announced it is scaling back the rate at which it is selling bonds into the financial market as part of its quantitative tightening programme.
Slate - 13 hours 8 min agoIncoherent tariffs, foreign companies watching their workers arrested interest rate cuts can't heal this.
The bulk of the historical data suggests that an interest-rate cut by the Federal Reserve at a market peak has usually led to even more market gains.
ABC News - 16 hours 13 min agoAsian shares, led by tech stocks, are mostly higher after Wall Street indexes a day earlier churned between gains and losses but ultimately remained near record levels following the Federal Reserve's decision to cut its main interest rate...
European stocks are expected to open higher on Thursday as traders digest the U.S. Federal Reserve's rate cut on Wednesday.
Borrowing costs are not guaranteed to come down much more than they already have, even after this week's rate cut.
CNBC's Jim Cramer suggested major market themes haven't really changed in the wake of the Fed's meeting.
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