The Fed’s quarter-point rate cut lowers borrowing costs but reduces savings interest, acting as short-term "fuel for the economy." Inflation remains stubborn, driven partly by tariffs and companies ...
'I live a comfortable life, but the Fed's decision won't make a blind bit of difference to me' The Federal Reserve cut policy rates by 25 basis points, to a range of 4% to 4.25%, and pencils in two ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Berenberg analyst Kerry Holford downgraded Eli Lilly ...
These customers fall into the same category as many of those who helped South Africa’s disruptor bank, Capitec, surpass the ...
The Bank of England (BoE) has voted to hold interest rates today, as homeowners looking to renew deals were warned to seize on mortgage offers quickly. Following three rises earlier this year, the BoE ...
Even with recent interest rate cuts, savers can still earn a sizable return with a high-yield savings account now.
Credit card interest rates hit a record high (and are only slightly lower now). Personal loan rates, meanwhile, were (and ...
The Federal Reserve on Wednesday announced its first interest rate cut of 2025, and the central bank hinted at two more coming before the year's end. While this is welcome news for borrowers, it's not ...
Wall Street traders are more optimistic about further rate cuts after the Fed lowered rates Wednesday and signaled more are coming. Here’s where investors see interest rates ending the year, according ...
On Wednesday, the Federal Reserve cut interest rates by 25 basis points, the first cut since 2024. While it took a while to get here, commercial real estate has been undaunted by the wait — ...
Federal Reserve Chairman Jerome Powell is hosting a press conference at 2:30 p.m. on Wednesday, during which he is expected to publicly address the first interest rate cuts of the year. The Fed’s ...