Trump shot himself in the foot with tariff plan if he wants an interest rate cut, Fed minutes show
President Trump is plowing ahead with his tariff plans and threats, while still pushing for a cut to interest rates.
Interest Rate Cuts on Hold Until Inflation Improves, Fed Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.
Potential Impact of Trump Policies Raised Inflation Concerns at Fed, Minutes Show
Participants at the U.S. central bank's January 28-29 meeting "generally pointed to the upside risks to the inflation outlook," rather than risks to job market, according to the minutes from the meeting,
Fed minutes show tariffs factored into concerns about higher inflation
Federal Reserve policymakers noted the potential for higher tariffs to contribute to inflation remaining above the central bank's 2% target rate in the minutes from their last meeting.
Fed Minutes Show Inflation Jitters Cast a Chill Over Rate Cuts
The decision last month to leave the benchmark federal-funds rate at its current level around 4.3% followed rate cuts at three consecutive meetings—beginning in September, when
Fed officials are worried about tariffs' impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, and expressed concern about the impact President Donald Trump’s tariffs would have in making that happen,
What's a good short-term CD interest rate in 2025?
Savers looking to open a short-term CD account should first understand what a "good" rate is considered to be now.
Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, ...
Bank of Mexico says it might cut interest rate by 50 basis points again
The Bank of Mexico said on Thursday that it might continue cutting the benchmark interest rate at future monetary policy ...
Nationwide announces major mortgage shakeup with interest rate changes
The building society's move comes after the Bank of England cut interest rates earlier this month from 4.75% to 4.5%.
CBS News2d
What are today's savings interest rates?
The national average savings account interest rate is 0.41% as of February 14, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...
Nigeria keeps benchmark interest rate steady as inflation seen falling gradually
Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...
Which Interest Rate Should You Care About?
The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...
Forbes2d
Mortgage Rate Lock Guide
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are not ...
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s ...
RBA interest rate cut sparks property price warning for Aussie buyers: ‘Holding off’
When you’re a first-home buyer, you can’t save that amount of money. You can’t keep up with that.” The couple instead bought ...