The neutral rate is a changing, theoretical interest rate used as a benchmark by the Fed to set monetary policy. Here's what ...

Inflation remains elevated, which would normally prevent further reductions, but the soaring unemployment rate is forcing the Fed's hand. Most policymakers at the Fed foresee at least one more ...

Some Federal Reserve officials want to keep interest rates unchanged “for some time” after making three rate cuts this year, minutes from the latest Fed meeting showed. These officials said that ...

This is read by an automated voice. Please report any issues or inconsistencies here. Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead ...

In recent years, certificate of deposit (CD) interest rates reached historic highs, due, in large part, to the Federal Reserve pushing up its benchmark rate to try and temper inflation. As the ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, 806,500 or less, increased to 6.38% from 6.33% Applications to refinance a home loan fell 4% for the ...

The Bank of England’s (BoE) MPC has cut interest rates from 4% to 3.75% The MPC last met on 6 November when it held rates at 4% The market was widely expecting the MPC to lower interest rates ...

Mortgage rates have been largely unchanged. The Federal Reserve slashed interest rates a quarter of a percentage point this week, delivering its third rate cut since September. The policy brightened ...

Switzerland’s central bank left its key interest rate unchanged for a second straight meeting, but signaled it is open to a further cut that would take it below zero if a sustained period of falling ...

This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since ...

HONG KONG, Dec 11 (Reuters) - Hong Kong's de-facto central bank lowered on Thursday its base interest rate by 25 basis points to 4.0%, in line with a cut by the U.S. Federal Reserve, but major lenders ...

For savers, falling interest rates will continue to erode attractive yields currently on offer with certificates of deposit (CDs) and high-yield savings accounts. Three of the big five banks (Ally, ...