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4 Fed policymakers favor more rate cuts
Why Some Fed Officials are Warning That Coming Rate Cuts May Be ‘Modest’
While the Federal Reserve has projected more interest rate cuts this year, some officials are cautious as more economic data on inflation and employment comes in.
Four Fed policymakers favor more rate cuts, but differ on pace
By Ann Saphir (Reuters) -Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go. Three of them,
Fed’s Kashkari Sees Slower Pace of Cuts Over Coming Quarters
Federal Reserve Bank of Minneapolis President Neel Kashkari repeated that he favors reducing interest rates at a slower pace in the coming quarters.
Minneapolis Fed's Kashkari sees 'modest' rate cuts for next several quarters
Minneapolis Fed President forecasts more modest cuts over the next several quarters, he said on Monday at the Chippewa Falls Area Chamber of Commerce. Recall that the Federal Open Market Committee initiated its easing cycle in September,
ECB, Rate Cuts
Holzmann Sees More ECB Rate Cuts in Not-Too-Distant Future
A faster-than-expected retreat in euro-zone inflation will allow the European Central Bank to cut interest rates again before too long, according to Governing Council member Robert Holzmann.
ECB Could Cut Rates by Half a Point If Job Market Weakens, Centeno Says
The governor of the Bank of Portugal, who is also a member of the ECB governing council, said that interest rates could be reduced more boldly if the labor market weakens and inflation trends below target.
Lagarde Says ECB's Pace of Rate Cuts 'To Be Determined'
European Central Bank President Christine Lagarde said, "the direction of travel is clear," on interest rate cuts by the central bank, as she declined to speculate on what it would take for the ECB to deliver a 50-basis-point cut.
2h
on MSN
Key inflation gauge doesn’t include interest on credit cards and auto loans, property taxes, tips, dogwalkers or babysitters
CPI does not reflect the some everyday costs that the average American must bear, including the fees paid to babysitters and ...
3d
on MSN
Interest Rate Uncertainty Is At a Financial-Crisis Era High. Here’s How We Know.
The Kansas City Fed’s measure of policy rate uncertainty is as high today as it was during the global financial crisis.
1d
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given ...
2d
on MSN
The surprising reason mortgage rates are up despite interest rate cuts
Related: Dave Ramsey explains how your mortgage is key to early retirement. If Kamala Harris wins, mortgage rates are ...
13h
Mortgage Rates Today, Oct. 22: Median Rate Rises to 6.75%
As of Oct. 22, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
6h
UK Interest Rates Will Settle at Higher Level, Warns BOE’s Greene
Bank of England rate-setter Megan Greene warned that interest rates will settle at higher levels than before the pandemic, ...
1d
Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%
Thinking about taking out a mortgage loan? Current mortgage rates stay at 6.63% for 30-year terms, while 15-year terms ...
5h
River Introduces 3.8% Cash Interest Paid In Bitcoin For USD Deposits
River introduces a new product offering 3.8% interest on USD cash deposits, paid in bitcoin, providing a secure way to ...
8h
Bangladesh announces policy rate rise to combat inflation
Bangladesh’s central bank said on Tuesday it would raise its key interest rate by half a percentage point, its fourth hike ...
12d
on MSN
What is a mortgage interest rate modification and how do you get it?
A mortgage rate modification could make sense if your mortgage payments or current rate are higher than you'd like.
3h
What is compound interest? How compounding works to turn time into money
Compound interest can help turbocharge your savings and investments or quickly lead to an unruly balance, stuck in a cycle of ...
9h
Hungary Keeps Key Interest Rate Unchanged After Forint Drop
Hungary’s central bank kept its key interest rate unchanged after the forint’s recent drop eliminated the room for continued ...
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