US monetary policy still restrictive, two Fed officials say
The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still ...
Trinidad Express Newspapers3d
RBC lowers US Prime rate following Fed’s cut
RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...
Fed’s Kashkari Says Stronger Economy Could Mean Fewer Rate Cuts
Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive ...
Morningstar3d
Why the stock market can count on another Fed rate cut in December
The trend in short-term rates leading up to the U.S. presidential election usually persists Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are now, and ...
THE WEEK4d
What's next for US interest rates?
At the Federal Reserve's November meeting, which wrapped up just two days after Election Day, officials unanimously decided ...
The Federal Reserve gives Americans another interest-rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.
Trump Enters Just as the Fed Is Shifting Its Focus
After a single-minded focus on bringing inflation down, the central bank has pivoted toward achieving a soft landing.
HSBC, 5 other Hong Kong lenders cut rates to lowest level in 2 years
Rate cut could lighten monthly mortgage repayment by HK$709 for a typical HK$5 million, 30-year loan priced at prime minus ...
Hong Kong central bank cuts interest rate after Fed move, banks follow
The Hong Kong Monetary Authority (HKMA) on Friday cut its base rate charged via the overnight discount window by 25 basis ...
PBS5d
Fed cuts interest rates amid questions over independence during next Trump administration
The Federal Reserve cut its prime lending rate again, this time by a quarter point. The economy, higher costs of living and ...
Federal Reserve cuts interest rates, days after election of Trump
By the end of 2024, interest rates will fall another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections.