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Trump Administration Sets Sights On Reducing Long-Term Treasury Yields, Not Fed Rates, Unveils 3-3-3 Plan
Treasury Secretary Scott Bessent emphasized that the Trump administration’s priority is to lower 10-year Treasury yields, not the Fed’s benchmark interest rate. Bessent highlighted the importance of ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Pound plunges after interest rate cuts - more pain to come for Rachel Reeves
The value of the pound dropped sharply after the Bank of England announced a cut to interest rates in a new blow for ...
Pound plunges as Bank of England cuts rates – and hints at more to come
The Bank of England is expected to cut interest rates to their lowest level in more than 18 months amid weak British growth ...
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Rachel Reeves given ultimatum over 'putrid' downgrade to economy
Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...
Stocks rise as traders await Amazon earnings and UK rate cut and US jobs data
US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...
Shropshire Star2h
Bank of England cuts rates but slashes growth forecast in blow to Labour
The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting ...
Shropshire Star2h
Interest rates: Why have they been cut and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
2 UK shares that could soar if interest rates sprint lower!
The Bank of England's latest meeting has fed speculation of swingeing interest rate cuts. I think these UK shares could soar in this scenario.