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Fed trims rates again
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting cycle.
Fed trims rates again as inflation nears goal
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline of the once-high inflation that had angered Americans and helped drive Donald Trump's presidential election victory this week.
Federal Reserve slashes interest rates by quarter-point as inflation cools
In a move that consumers will welcome, the Federal Reserve on Thursday slashed its benchmark interest rate by a quarter of a percentage point — marking the second reduction this year.
Bank of England cuts base rate
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England cuts rates but sees higher inflation after Reeves's budget
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual as it predicted the British government's first budget would lead to higher inflation and economic growth.
US follows Bank of England and cuts rates despite fears of Trump inflation
Fed chief Jerome Powell brushed off questions about the impact of the president-elect's plans, saying: 'We don't guess, we don't speculate, and we don't assume.'
25m
Brazil Inflation Speeds Further Above Target as Rates Go Higher
Brazil’s inflation sped through the upper limit of the central bank’s tolerance range in October, signaling Latin America’s ...
1d
on MSN
Get ready for inflation and interest rates to rise again
One of the first things Trump is expected to do in the White House is enact tariffs on imported goods, which could raise ...
Opinion
14h
Opinion
The Fed Thinks Inflation Is Vanquished
Jerome Powell gambles he won’t have to raise rates in Trump’s term.
CBS News on MSN
7d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
Inflation
is down, but prices are still up But despite the Fed's progress in bringing down the rate at which prices are ...
1d
on MSN
Trump Ran on Fighting Inflation, But Investors Are Betting He'll Make It Worse
President-elect Donald Trump won his second term in office Tuesday after promising to fight the inflation that has hammered ...
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Federal Reserve
Donald Trump
Joe Biden
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