The Fed's bold move on interest rates has ripple effects, plus GM makes a bold move, too
The week in markets started with the Federal Reserve cutting interest rates by more than most economists expected.
Here's How Savings and CD Rates Could Change Based on Today's Fed Forecast
The Fed cut interest rates today and released its quarterly "dot plot" of expectations for additional rate cuts. What does ...
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CD rates forecast for 2025
Interest rates have already started to drop ... In its most recent economic projections, the FOMC forecast a median rate of 4.4%. If it meets that target, the federal funds rate would likely ...
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Mortgage Interest Rate Forecast: When Will Mortgage Rates Go Back Down?
It forecast an average rate of 6.6% for the third quarter and a 6.4% average in the fourth quarter of the year. Freddie Mac doesn’t offer a specific mortgage interest rate forecast, but it ...
UK interest rates an outlier after decision to hold but Bank of England forecasts inflation rise to 2.5%
The decision to hold rates was not unanimous with one member of the Bank's rate-setting Monetary Policy Committee voting for ...
Investec CEO sees credit impairments unwinding as interest rates fall
South African bank Investec sees credit impairments decreasing over the next year as interest rates come down, its CEO said on Friday, as the bank raised its half-year profit forecast.
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Türkiye leaves interest rates unchanged, matching forecasts
Türkiye's Central Bank on Thursday left the benchmark one-week repo rate unchanged at 50% for the sixth straight meeting, in ...
Breaking: BoE leaves interest rate unchanged at 5% as expected
Back in August, the BoE lowered the key policy rate by 25 basis points (bps) to 5.0% from 5.25%, with a 5-4 MPC vote in favor ...