The Bank of England cut interest rates on Thursday for the third time in about […]
Tag: Rates
Trump Promised a Cap on Credit Card Interest Rates. Here’s His Chance.
Two senators plan to introduce a bill on Tuesday to impose a tight cap on […]
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank cut interest rates on Thursday, for the fifth consecutive time, amid […]
Higher Interest Rates Make Federal Debt More Expensive
The path of interest rates over the next year doesn’t just affect the cost of […]
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a […]
Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
High interest rates kept U.S. home sales in a deep freeze for much of last […]
Japan Raises Interest Rates to Highest Level Since 2008
In a number of ways, Japan’s economy seems to have gone back in time. Inflation […]
The Fed Is in no Rush to Cut Rates, Even if There Is a Weak Jobs Report
When the Federal Reserve began lowering interest rates in September, inflation was cooling and the […]
New Home Construction Slows as Mortgage Rates Remain High
Construction of new homes in the United States dropped below expectations in May as builders […]
Bank of England Holds Rates Steady, Despite Slower Inflation
The Bank of England held interest rates on Thursday at their highest level since 2008 […]