Here's How Much Less Your Savings Account Is Worth After the 0.50% Rate Cut
Can you still earn high yield on your savings after the Fed's 0.50% rate cut? A few banks still have competitive APYs. See ...
Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake'
Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut ...
Utilities Sector Surges Amid AI Boom And Rate Cut Expectations
In an unexpected turn of events, the utilities sector has emerged as a dark horse in the stock market race, with some players ...
Resilient Turkish inflation tempers rate cut expectations
Turkey's annual inflation fell to 49.38% in September whereas the monthly rate was much higher than expected at nearly 3%, ...
Traders Bet on Smaller Rate Cut in November
After Friday’s surprisingly strong jobs report, Wall Street traders firmly expect the Federal Reserve to cut interest rates ...
We finally got a rate cut. Here’s what history says will happen next
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair ...
The Next Fed Rate Cut Is Coming — but How Big Will It Be?
The next rate decision won’t be announced until Nov. 7, but discussions are already very active about how much the Fed should cut — 25 or 50 basis points. And while a vast amount of data and debate ...
A Fed Rate Cut Is Likely Coming Next Month. Here's What It Means for Your CDs
Several Fed rate cuts are on the way in the coming months. Here's how that will affect new and existing CD rates.
Another big Fed interest rate cut coming? One economist says yes
Plus the week included a stop in Detroit by Lael Brainard, the director of the National Economic Council, who spoke to the ...
Bank of England's Pill urges rate cut caution after Bailey suggested faster pace
The Bank of England should move only gradually with cutting interest rates, Chief Economist Huw Pill said on Friday, a day ...