Economy News Bank Holds Interest Rates And Warns It S Too Early To Cut

The Federal Reserve cut its rate — but 1 financial planner warns it’s a ‘non-event’ and won’t change your life overnight. Is it too soon to refinance?

The reason why it may not pay to rush into a new loan or refinance is twofold. First, the Fed’s most recent rate cut was fairly minor in the grand scheme of things, as a 25 basis point cut isn’t going ... Read More

Bank of Israel Holds Rates, Warns Over Israel's Growing Isolation

JERUSALEM (Reuters) -The Bank of Israel kept short-term interest rates unchanged on Monday, citing Israel's push deeper into Gaza along with persistent inflation, while warning over the impact of the ... Read More

Why the jury is out on RBA interest-rate cuts despite its hawkish pivot

If the Australian dollar rises because of US interest-rate cuts, it could eventually reach a point where it starts to reduce import prices enough to lower the RBA’s inflation forecasts. But the shift ... Read More

‘Most’ Fed officials backed lower interest rates this year. Here’s what they said at their big meeting.

Most Federal Reserve officials believed they would need to cut interest rates “over the remainder of the year” because of a worsening labor market and diminished risks of rising inflation. Read More

Fed’s Goolsbee Warns Against ‘Front-Loading’ Interest-Rate Cuts

Federal Reserve Bank of Chicago President Austan Goolsbee expressed continued concern about tariff-driven inflation and pushed back against any call for “front-loading” multiple interest-rate cuts. Read More

Mexico's central bank cuts interest rate despite core inflation concerns

MEXICO CITY, Sept 25 (Reuters) - The Bank of Mexico cut its benchmark interest rate to its lowest level since May 2022 on Thursday and indicated it would consider further easing at future meetings, ... Read More

Cleveland Fed president warns of inflation risks despite recent rate cut

CLEVELAND — Federal Reserve Bank of Cleveland President and CEO Beth Hammack says the central bank is keeping a close eye on inflation and a “two speed” economy that is particularly challenging for ... Read More

House prices driven to record highs on back of rate cuts

The Reserve Bank held interest rates steady at its September meeting as economists and homebuyers look for one more rate cut this year. Read More

America saw ‘essentially no job growth’ last month, Moody’s warns

Economists are in the dark due to the government shutdown, but private data has offered some clues. It's not great news. Read More

Powell Warns The Fed Faces a 'Challenging' Situation in Setting Interest Rates

Officials at the Federal Reserve, including Chair Jerome Powell, are keeping their options open as they deal with an economy pulling the central bank's key interest rate in two directions at once. Read More