Monday, December 16, 2024
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Czech central bank cuts key interest rate to 4% as inflation stays low

PRAGUE (AP) — The Czech Republic’s central bank on Thursday cut its key interest rate for the eighth time in...

Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls

LONDON (AP) — The Bank of England has cut its main interest rate by a quarter of a percentage point...

Fed to cut rates, but with a new landscape to decipher after Trump win

By Howard Schneider WASHINGTON (Reuters) - The U.S. Federal Reserve is expected to reduce its benchmark policy rate by a...

BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut

OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point...

Fed’s Daly Says She Doesn’t See Reasons to Stop Cutting Rates

(Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue...

Goldman Sachs expects series of consecutive 25 basis point Fed cuts ahead

(Reuters) - Goldman Sachs said on Wednesday it expects the U.S. Federal Reserve to deliver consecutive 25-basis-point (bps) interest rate cuts from November 2024...

Canada Inflation Eases to 1.6%, Raising Jumbo Rate Cut Odds

(Bloomberg) -- Canadian consumer prices grew at the slowest pace in more than three years, tilting the odds in favor of a half percentage...

RBNZ Seen Stepping Up Rate Cuts on Inflation Undershoot Risk

(Bloomberg) -- New Zealand’s central bank will cut interest rates by half a percentage point at each of its two remaining policy meetings this...

Fed’s Barkin says price pressures may not fade as fast as expected

By Howard SchneiderWILMINGTON, North Carolina (Reuters) - The U.S. central bank's fight to return inflation to its 2% target may take longer than expected...

Morning Bid: Fed is aligned on rate cuts, but upcoming data will shape the pace

By Howard SchneiderWASHINGTON (Reuters) - The Federal Reserve did not have full consensus when it voted last week to reduce interest rates by half...

US 30-year mortgage rate slips to 6.13%, refinancing jumps

(Reuters) - The interest rate for the most popular U.S. home loan ticked down to 6.13% last week, the lowest in about two years,...

BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction

(Reuters) - BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75...

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