Economy News Here S What Higher Interest Rates Mean For The Economy And You

What the Federal Reserve rate cut means for you

The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years. Read More

The Fed just cut interest rates for the sixth time. Here’s why you’re not seeing much of a difference in your loans

Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ... Read More

One Last Fed Rate Cut for 2025 — What Does It Mean For You?

The Fed cuts rates again at its December meeting and members project at least one 25-basis point cut next year. Read More

Another rate cut? Here is what it means for your money

By Lauren Young NEW YORK, Dec 10 (Reuters) - The U.S. Federal Reserve is ending 2025 with a bang, delivering another rate cut for consumers amid an uncertain year for the economy. The Fed nudged ... Read More

Economy shrinks by 0.1% following Rachel Reeves brutal Budget turmoil – what it means for YOUR money

THE economy slumped by 0.1% in October, in a blow for Rachel Reeves after her Budget. The latest figures from the Office for National Statistics (ONS) reveal Gross Domestic Product (GDP) is ... Read More

Here’s what the interest-rate cut means for borrowers on everything from credit cards to mortgages

The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts. Read More

Federal Reserve cuts key rate, sees healthier economy next year

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. Chair Jerome Powell signaled at a ... Read More

What the Fed's December interest rate cut means for your wallet

The Fed cut interest rates at its December meeting. Here's how it affects your money — from mortgages and auto loans to credit cards and savings. Read More

Rick Rieder Bemoans Higher Rates In Economy Of Haves And Have Nots

When your name is being bandied about for the job of Federal Reserve chairman, people tend to listen to you, especially when you might be making the counterintuitive argument that interest rates ought ... Read More

What is the mortgage refinance rate forecast for 2026? Here's what some experts expect.

In this economic environment, nearly anything could happen. Here's what to expect for mortgage refi rates next year. Read More

Economists warn tough inflation fight means high interest rates are here for decades

High inflation could have a crushing impact on struggling Aussie families with one expert warning high prices and interest rates could persist for decades. Read More